Dealmaker: Dockerty Romer & Co. Arranges $44M
Dockerty Romer & Co., Delray Beach, Fla., arranged $43.7 million for office and retail assets in Georgia and Florida.
Company Principal Craig Romer and Director Chris Romer arranged $34.2 million in permanent mortgage financing for a Class A suburban Atlanta office building. The subject property, 2100 Riveredge, is a 264,000-square-foot office building near the Chattahoochee River National Recreation Area. The 13-story building is currently 92 percent leased with United Healthcare as its lead tenant.
The Romers arranged the financing for client Mainstreet Capital Partners, Fort Lauderdale, Fla., through NXT Capital, Chicago, which provided a two-year floating-rate mortgage. Craig Romer said the debt structure will allow Mainstreet to execute on their long-term business plan.
In Boca Raton, Fla., Dockerty Romer & Co. Principal Nancy Dockerty arranged $9.5 million for a 68,000-square-foot retail property. Interior design firm Clive Daniel Home occupies the subject property, a newly constructed two-story building. The property occupies the northwest corner of Boca Raton Boulevard and Glades Road.
Dockerty arranged the financing for client MB-BW Boca LLC through Deutsche Bank, New York. Deutsche Bank provided a 10-year fixed-rate loan.