OCEAN BANK PROVIDES $132 MILLION LOAN FOR VOX I AND II
Ocean Bank Provides $132 Million Loan for VOX I and II
Ocean Bank announced it provided $132 million to affiliates of The TREO Group LLC for the student-oriented housing VOX I and VOX II near the main campus of the University of Miami.
VOX I and II have 262 apartments starting at one bedroom and one bathroom to four-bedroom, four-bath units with a total of 726 beds. The two-building complex offers two rooftop terraces, pools, outdoor summer kitchen, five fitness areas and more than 20 study lounges.
Located at 7025 and 7175 SW 59th Avenue, VOX includes 15,682 square feet of retail adjacent to The Underline linear park.
“We welcome The TREO Group as a client of Ocean Bank. They have a solid track record in development in Florida and VOX has shown to be a resounding success,” said Eddie Diaz, Executive Vice President and Head of Corporate Lending for Ocean Bank.
“We are proud of VOX and grateful and appreciative to Ocean Bank for providing this financing and to Senior Vice President Ricardo Sanchez for his role in making this happen,” said Carlos Ortega, principal of the TREO Group..
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OCEAN BANK REPORTS GROWTH IN INCOME, ASSETS AND EQUITY -
OCEAN BANK FINANCES ORLANDO WAREHOUSES -
OCEAN BANK REPORTS RECORD ASSETS -
OCEAN BANK NAMES JEANELLE BOSCAN HEAD OF MARKETING -
OCEAN BANK FUNDS $5 MILLION FACTORING FACILITY -
OCEAN BANK CLOSES $8 MILLION FACTORING FACILITY FOR AN AVIATION PARTS DISTRIBUTOR -
OCEAN BANK FUNDS CONSTRUCTION DEVELOPMENT IN KISSIMMEE -
OCEAN BANK ASSETS TOP $7 BILLION -
OCEAN BANK LENDS $10 MILLION FOR HOTEL PURCHASE -
MARIO DE ARMAS JOINS OCEAN BANK BOARD -
OCEAN BANK PROVIDES $54 MILLION LOAN TO GALBUT-AFFILIATED COMPANY -
OCEAN BANK PROVIDES $22 MILLION FOR CONSTRUCTION OF BRICKELL AREA CONDOS -
OCEAN BANK PROVIDES $10 MILLION FOR NAVARRO PHARMACY SITE OWNER -
OCEAN BANK PROVIDES $132 MILLION LOAN FOR VOX I AND II -
OCEAN BANK RELOCATES WEST FLAGLER BRANCH
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OCEAN BANK LENDS $16.5 MILLION FOR CONSTRUCTION OF "LIVE LOCAL" APARTMENT COMPLEX -
OCEAN BANK PROVIDES $21.5 MILLION FOR HOLLYWOOD HOTEL -
OCEAN BANK LENDS $80 MILLION TO FLB HOTEL, LLC -
OCEAN BANK REPORTS CONTINUED GROWTH -
OCEAN BANK TO OPEN FIRST PALM BEACH COUNTY BRANCH -
OCEAN BANK LENDS $6.3 MILLION FOR EXPANSION OF HIGH-PROFILE JEWELRY STORE -
FROM RECYCLED OCEAN PLASTIC TO DEBIT CARDS -
OCEAN BANK PROVIDES $5,000,000 FACTORING FACILITY TO AN INTERNATIONAL EXPORTER -
VANESSA LUGO PROMOTED TO CFO -
OCEAN BANK PROVIDES $4.9 MILLION FOR AVIATION COMPANY -
OCEAN BANK LENDS $4.5 MILLION FOR SHOPPING PLAZA RENOVATION -
OCEAN BANK PROVIDES $17.5 MILLION FOR REFINANCE OF ALOFT HOTEL -
OCEAN BANK PROVIDES $25 MILLION FOR AUTO DEALERSHIPS FLOOR PLANS -
INTERNATIONALLY RENOWNED ARTIST ROMERO BRITTO ACQUIRES BUILDING IN MIAMI FOR ALMOST $12 MILLION -
OCEAN BANK PROVIDES $40 MILLION TO REFINANCE SHOPPING MALL -
ORLANDO BRANCH WILL RETURN TO NORMAL HOURS -
OCEAN BANK LENDS $9.2 MILLION OF CONSTRUCTION OF ULTRA-LUXURY TOWNHOMES -
CRISTO REY MIAMI HIGH SCHOOL AND OCEAN BANK PARTNER FOR STUDENT SUCESS -
OCEAN BANK REPORTS CONTINUED GROWTH -
OCEAN BANK PROVIDES $27 MILLION FOR SHOPPING CENTER PURCHASE -
OCEAN BANK TO OPEN FIRST PALM BEACH COUNTY BRANCH -
OCEAN BANK REPORTS INCREASES IN INCOME, CAPITAL AND ASSETS