IMMEDIATE RELEASE Contacts: Craig B. Romer
(561) 330-8000
Cromer@dockertyromer.com
Delray Beach Based Mortgage Bankers
Arrange $34,200,000 in Financing
DELRAY BEACH,FLORIDA – September 2016 – Craig Romer and Chris Romer of Dockerty Romer & Co. have arranged permanent mortgage financing in the amount of $34,200,000 for a class A suburban office building located in Atlanta, GA.
The subject property, known as 2100 Riveredge is a premier 264,374 SF class A office building located within a prestigious corporate setting surrounded by the Chattahoochee River National Recreation Area. This 13 story building which provides panoramic views of the Atlanta skyline, is easily accessible from I-285 and I-75. 2100 Riveredge is currently 92% leased with United Healthcare as its lead tenant.
Dockerty Romer & Co. arranged the financing of behalf of their client, Mainstreet Capital Partners through NXT Capital. NXT Capital provided a 2 year, floating rate mortgage at a competitive interest rate. Romer commented that, “Both Mainstreet and NXT were highly focused and professional in all areas of this transaction.” Romer further commented that, “NXT provided an excellent debt structure which will allow Mainstreet to execute on their long-term business plan for this asset.”
About Dockerty Romer & Co.
Dockerty Romer & Co. based in Delray Beach, Florida is a full service commercial mortgage banking firm specializing in the capitalization of income producing properties. Dockerty Romer & Co has closed nearly $5 Billion of real estate transactions since its inception in January 2000. (www.dockertyromer.com)
About Mainstreet Capital Partners
Mainstreet Capital Partners is a real estate investment and management firm specializing in office and industrial acquisitions. Established in 1999 by Paul J. Kilgallon, Mainstreet Capital Partners seeks to align itself with investment partners by sourcing investment opportunities in the southeastern and southwestern United States. (www.mainstreetcapital.com)
561-330-8000 Fax: 561-330-8001 e-mail: cromer@dockertyromer.com
70 SE 4th Avenue, Delray Beach, Florida 33483
www.DockertyRomer.com
Licensed Mortgage and Real Estate Brokers
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