OCEAN BANK FINANCES DEERFIELD HOTEL
Ocean Bank Provides $16.8 Million Loan for Deerfield Beach Hotel
Ocean Bank announced it provided a $16.8 million loan to Hotel of Deerfield LLC for a 104-room Fairfield Inn & Suites.
The hotel, located at 301 Hillsboro Technology Drive, features a pool, gym, on-site parking and a self-service breakfast area.
“We are pleased to have partnered with Ocean Bank on their financing of our Deerfield Beach property. Their team understood the asset, moved efficiently and provided a smooth lending experience from start to finish. We appreciate their support and look forward to growing the relationship,” said Sanjay Patel, president of Hotel of Deerfield LLC.
“Sanjay Patel is a successful and knowledgeable hotelier and businessman, with more than two dozen properties throughout Florida,” said Eddie Diaz, Executive Vice President and Head of Corporate Lending at Ocean Bank. “We welcome him and his group as customers of Ocean Bank.”
Senior Vice President Alvaro Luis arranged the loan for Ocean Bank.
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OCEAN BANK FINANCES DEERFIELD HOTEL -
ROMERO BRITTO EXPANDS BRITTO PALACE COMPLEX OCEAN BANK LENDS $3.9 MILLION FOR PURCHASE OF $5.2 MILLION -
OCEAN BANK OPENS DOWNTOWN DORAL BRANCH EXPANDING PRESENCE IN THE DORAL COMMUNITY -
OCEAN BANK ASSETS GROW NEARLY $100 MILLION -
OCEAN BANK PROVIDES $28 MILLION FINANCING TO THE GRAHAM COMPANIES -
YUNI NAVARRO NAMED TO OCEAN BANK BOARD OF DIRECTORS -
OCEAN BANK PROVIDES $7 MILLION LOAN FOR PURCHASE OF CYPRESS CREEK OFFICE BUILDING -
OCEAN BANK PROVIDES $41.4 MILLION FOR PURCHASE OF TWO DORAL OFFICE BUILDINGS -
OCEAN BANK PROVIDES $70 MILLION FOR CONSTRUCTION OF AVENTURA COMMERCIAL PROJECT -
OCEAN BANK PROVIDES $43.3 MILLION FOR CONSTRUCTION OF HIALEAH APARTMENTS -
OCEAN BANK RECORDS DOUBLE-DIGIT GROWTH -
OCEAN BANK PROVIDES $6.7 MILLION FOR PURCHASE OF CENTRAL FLORIDA COMMERCIAL BUILDING
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OCEAN BANK PROVIDES $36 MILLION LOAN FOR PURCHASE OF DORAL SQUARE RETAIL CENTER -
OCEAN BANK PROVIDES $16 MILLION LOAN FOR KEY BISCAYNE SHOPPING CENTER -
OCEAN BANK PROVIDES $13.2 MILLION LOAN FOR CYPRESS CORPORATE CENTER -
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