$6,000,000 Acquisition Loan Secured for Office Property in West Palm Beach, FL

Mar 27, 2026 Bank
Deal Summary

PNC Bank recorded a $6,000,000 mortgage on a 39,000 square foot office building at 5114 Okeechobee Boulevard in West Palm Beach. The loan was executed March 27, 2026 and recorded April 6, 2026 in Palm Beach County under document 118794 (APN 00-42-43-26-00-000-1310). County records list the owner as Anho Wpb Llc.

Get a lender shortlist for a comparable Office property

See which lenders are actively financing office in Palm Beach, and get a confidential read on proceeds, structure, and pricing for your property. No fee to talk, and nothing is published without your consent.

Transaction Details

Closing Date
Mar 27, 2026
Loan Amount
$6,000,000
Loan Type
Bank
Loan Purpose
Acquisition
Capital Type
Senior Debt
Asset Type
Office
Source
County record

Property

Address
5114 Okeechobee Blvd
City, State
West Palm Beach, FL

Property Facts

Building Size
39,050 sq ft
Lot Size
142,643 sq ft (3.27 ac)
Year Built
1982
Year Renovated
2012
Stories
2
Buildings
2
Zoning
CG
Subtype
Office Building
Floor Area Ratio
0.27

Sale History

Last sold for $8,100,000 on Mar 27, 2026. Prior owner BIGGIE INVS CENTURY PK LLLP (business entity).

Prior Financing

RecordedLenderAmountInstrumentType
Apr 6, 2026 PNC BK NATIONAL ASSN $6,000,000 Mortgage CONVENTIONAL
Jul 18, 2019 PARADISE BK $2,127,891 Modification Of Mortgage CONVENTIONAL
Apr 15, 2014 PARADISE BK $2,415,000 Modification Of Mortgage CONVENTIONAL
Jun 3, 2008 PARADISE BK $1,580,000 Mortgage CONVENTIONAL
Feb 3, 2003 PREMIER CMNTY BK $1,000,000 Mortgage CONVENTIONAL
Jun 25, 1993 FIRST UNITED BK&TR $600,000 Mortgage CONVENTIONAL

Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.

Similar Recent Loans

All office loans →

Financing a similar property?

See what lenders are active on office in Florida, or request a confidential loan review with Andrew Sawyer, commercial real estate capital markets advisor.

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.
The CRE Debt Ledger

Weekly CRE debt activity, in your inbox

Notable loan closings, active lenders by market, and capital markets intelligence. Read by owners, lenders, and brokers.

Free. One email a week. Unsubscribe anytime.