$4,000,000 Financing Secured for Office Property in Pompano Beach, FL
May 8, 2026 Bank
Deal Summary
First Citizens Bank recorded a $4,000,000 mortgage crossing two Pompano Beach parcels anchored by an office building at 2660 North Palm Aire Drive. The loan was executed May 8, 2026 and recorded May 14, 2026 in Broward County under document 120867133 (APN 49-42-04-00-0146), crossed against one additional parcel. County records list the owner as Chabad Of Palm-Aire Corp 187.
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Transaction Details
- Closing Date
- May 8, 2026
- Loan Amount
- $4,000,000
- Loan Type
- Bank
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 2660 N Palm Aire Dr
- City, State
- Pompano Beach, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 5,436 sq ft
- Lot Size
- 47,203 sq ft (1.08 ac)
- Year Built
- 1982
- Year Renovated
- 1983
- Stories
- 1
- Buildings
- 1
- Zoning
- RM-45
- Subtype
- Office Building
- Floor Area Ratio
- 0.12
Sale History
Last sold Aug 23, 2017. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 14, 2026 | FIRST CITIZENS BK&TR CO | $4,000,000 | Mortgage | CONVENTIONAL |
| Jul 21, 2017 | CITY NAT'L BK/FL | $1,350,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.