$9,000,000 Acquisition Loan Secured for Office Property in Fort Lauderdale, FL
Apr 2, 2026 Bank
Deal Summary
Intercredit Bank recorded a $9,000,000 mortgage crossing two Fort Lauderdale commercial parcels, an office building at 5400 South University Drive and the Bonaventure Town Center retail property at 16600 Saddle Club Road. The loan was executed April 2, 2026 and recorded April 3, 2026 in Broward County under document 120789295 (APN 50-41-33-20-0010), crossed against one additional parcel. County records list the owners as 5400 S University Llc and Bonaventure Town Center Shoppes Llc.
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Transaction Details
- Closing Date
- Apr 2, 2026
- Loan Amount
- $9,000,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 5400 S University Dr
- City, State
- Fort Lauderdale, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 56,775 sq ft
- Lot Size
- 348,840 sq ft (8.01 ac)
- Year Built
- 1989
- Year Renovated
- 1990
- Stories
- 1
- Buildings
- 1
- Zoning
- CC
- Subtype
- Office Building
- Floor Area Ratio
- 0.16
Sale History
Last sold for $12,250,000 on Apr 2, 2026. Prior owner REFLIN 22 WG LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 3, 2026 | INTERCREDIT BK | $9,000,000 | Mortgage | CONVENTIONAL |
| Feb 7, 2020 | US CENTURY BK | $6,420,000 | Mortgage | CONVENTIONAL |
| Jul 24, 2018 | BANK OF AMERICA | $8,100,000 | Modification Of Mortgage | CONVENTIONAL |
| Nov 4, 2016 | STONEGATE BK | $3,500,000 | Modification Of Mortgage | CONVENTIONAL |
| Apr 17, 1998 | NATIONAL RLTY FNDG LC | $3,300,000 | Deed Of Trust | |
| Nov 27, 1996 | SUNTRUST BK/TREASURE COAST | $450,000 | Deed Of Trust | 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.