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Elevate Partners Lock Down $92 Million In Financing For Newly Completed Four West Las Olas Apartment Tower

Elevate Partners Locks Down $92 Million In Financing For The Newly Completed Four West Las Olas Apartment Tower

October 13, 2020

Elevate Partners, led by Scott Bodenweber and Tom Vogel, have locked down $92 million in 3-year bridge financing with optional extension for Four West Las Olas. The loan was provided by the New York-based Benefit Street Partners Realty Trust, who provided $76 million of senior debt, and the West Palm Beach-based Electra Capital who provided $16 million in mezzanine financing.

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In Commercial, Development, Fort Lauderdale, Finance & Banking, Invest, Investment News, Multifamily, News, News & Features, New Construction, Rentals, Residential, Broward Tags Four West Las Olas, Scott Bodenweber, Tom Vogel, Denny St. Germain, Cushman and Wakefield, Dan McCawley, Greenberg Traurig, Fort Lauderdale, Residential, Lending, Finance, Financing, Finance & Banking, Multifamily, Commercial, Banking, Benefit Street Partners Realty Trust, Electra Capital, Trez Forman, News, News & Features, Apartments, Apartment Rentals, Rentals, Invest, Investment News, Development, New Construction, Broward, Mezzanine Loan, October 2020
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