Charles Penan

Aztec Group Secures Refi for Miami Retail Asset

Howard Taft, Charles Penan and Joel Zusman negotiated the deal on behalf of the owner.

Why Steady Interest Rates Won’t Save the Day

While the Fed takes a patient approach, what else could disrupt the capital markets in 2019? Aztec Group’s Charles Penan sheds light on potential pitfalls.

Aztec Arranges Refi for 2 Miami-Area Properties

City National Bank provided loans totaling $13.5 million for a shopping center and a Bank of America building north of downtown Miami.

Aztec Group Hires Retail, Industrial Expert

Andrea Molina brings more than a decade of commercial real estate experience to her new position. As director, she will facilitate debt and equity placement, investment sales and acquisition advisory.

Aztec Group Secures $20M Loan for FL Boutique Hotel

The firm worked on behalf of Newgard Development Group. The financing will be used for the construction of The Gale Boutique Hotel, a 96-key lodging project in Fort Lauderdale.

Holiday Centre

Aztec Group Secures Financing for 67 KSF Retail Center

The company arranged $6.7 million in financing for a shopping center located in the suburbs of Tampa. BankUnited provided the loan, with a 70 percent loan-to-value ratio.

Tampa-Area Shopping Center Trades for $7M

Aztec Group brokered the sale of Eastside Village Center in Lakeland, Fla. The firm represented both the seller, an affiliate of Brandywine Financial, and the buyer, CF Properties.

Charles Penan Moves Up the Ladder at Aztec Group

The new managing director holds 15 years of commercial real estate experience, having completed more than $2 billion worth of transactions.