{"id":1004440354,"date":"2020-05-17T23:45:03","date_gmt":"2020-05-18T07:45:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004440354"},"modified":"2020-05-17T23:45:03","modified_gmt":"2020-05-18T07:45:03","slug":"triarch-capital-lands-35m-refi-for-miami-area-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/","title":{"rendered":"Triarch Capital Lands $35M Refi for Miami-Area Asset"},"content":{"rendered":"
\"\"<\/a>

One Turnberry Place. Image courtesy of CBRE<\/em><\/p><\/div>\n

Triarch Capital Group has received $35 million in refinancing for One Turnberry Place, a 137,000-square-foot office building in Aventura, Fla. According to Yardi Matrix data, Nationwide provided the 10-year loan that retires a previous $35 million mortgage from Column Financial Bank. Triarch Capital purchased the Class A asset for $53 million in 2011.<\/p>\n

Situated at 19495 Biscayne Blvd. directly in front of Aventura Mall, the 10-story building came online in 1989 and was completely renovated in 2002, Yardi Matrix shows. The property features 18,000-square-foot floorplans and a parking ratio of 3 spaces per 1,000 square feet. Amenities include a Chase Bank branch, cafe and beauty salon. Bank Leumi, Merrill Lynch, Entertainment Benefits Group and CV Advisors are among the tenants.<\/p>\n

One Turnberry Place is some 9 miles north of Fort Lauderdale-Hollywood International Airport, while downtown Miami is approximately 18 miles away. In addition to the numerous shopping and dining options available at Aventura Mall, the immediate area holds two hotels and several parks.<\/p>\n

CBRE\u2019s Paul Ahmed and Mackenzie Fry represented the owner in the deal. The duo was also part of the team that arranged a $37 million refinancing<\/a> of a Class A office property in Coral Gables, Fla., last September.<\/p>\n","protected":false},"excerpt":{"rendered":"

The firm paid $53 million for One Turnberry Place in Aventura almost a decade ago.<\/p>\n","protected":false},"author":870,"featured_media":1004440393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,1492,21742,21747],"tags":[32789,33583,33048,38918],"class_list":["post-1004440354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-miami","category-latest","category-office","tag-cbre","tag-nationwide-life-insurance-company","tag-paul-ahmed","tag-triarch-capital-group"],"acf":[],"yoast_head":"\nTriarch Capital Lands $35M Refi for Miami-Area Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Triarch Capital Lands $35M Refi for Miami-Area Asset\" \/>\n<meta property=\"og:description\" content=\"The firm paid $53 million for One Turnberry Place in Aventura almost a decade ago.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-18T07:45:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"979\" \/>\n\t<meta property=\"og:image:height\" content=\"734\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Marinescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/\"},\"author\":{\"name\":\"Adriana Marinescu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d8680cf55f814fe2742cf94207212af1\"},\"headline\":\"Triarch Capital Lands $35M Refi for Miami-Area Asset\",\"datePublished\":\"2020-05-18T07:45:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/\"},\"wordCount\":215,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/One-Turnberry-Place-e1589447629330.jpg\",\"keywords\":[\"CBRE\",\"Nationwide Life Insurance Company\",\"Paul Ahmed\",\"Triarch Capital Group\"],\"articleSection\":[\"Finance\",\"Miami\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/\",\"name\":\"Triarch Capital Lands $35M Refi for Miami-Area Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/One-Turnberry-Place-e1589447629330.jpg\",\"datePublished\":\"2020-05-18T07:45:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d8680cf55f814fe2742cf94207212af1\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/One-Turnberry-Place-e1589447629330.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/One-Turnberry-Place-e1589447629330.jpg\",\"width\":979,\"height\":734,\"caption\":\"One Turnberry Place\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/triarch-capital-lands-35m-refi-for-miami-area-asset\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Triarch Capital Lands $35M Refi for Miami-Area Asset\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/d8680cf55f814fe2742cf94207212af1\",\"name\":\"Adriana Marinescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g\",\"caption\":\"Adriana Marinescu\"},\"description\":\"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adriana-marinescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Triarch Capital Lands $35M Refi for Miami-Area Asset - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/","og_locale":"en_US","og_type":"article","og_title":"Triarch Capital Lands $35M Refi for Miami-Area Asset","og_description":"The firm paid $53 million for One Turnberry Place in Aventura almost a decade ago.","og_url":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-05-18T07:45:03+00:00","og_image":[{"width":979,"height":734,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg","type":"image\/jpeg"}],"author":"Adriana Marinescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/"},"author":{"name":"Adriana Marinescu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1"},"headline":"Triarch Capital Lands $35M Refi for Miami-Area Asset","datePublished":"2020-05-18T07:45:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/"},"wordCount":215,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg","keywords":["CBRE","Nationwide Life Insurance Company","Paul Ahmed","Triarch Capital Group"],"articleSection":["Finance","Miami","News","Office"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/","url":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/","name":"Triarch Capital Lands $35M Refi for Miami-Area Asset - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg","datePublished":"2020-05-18T07:45:03+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg","width":979,"height":734,"caption":"One Turnberry Place"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/triarch-capital-lands-35m-refi-for-miami-area-asset\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Triarch Capital Lands $35M Refi for Miami-Area Asset"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d8680cf55f814fe2742cf94207212af1","name":"Adriana Marinescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2444a0eb00095b2b409c152dd217bf8709009d4718eec6c8c435940e3ea1cb67?s=96&d=mm&r=g","caption":"Adriana Marinescu"},"description":"Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adriana-marinescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/One-Turnberry-Place-e1589447629330.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004440354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/870"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004440354"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004440354\/revisions"}],"predecessor-version":[{"id":1004442646,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004440354\/revisions\/1004442646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004440393"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004440354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004440354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004440354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}