In December of 2018, Emerald Creek Capital provided a $2,000,000 bridge loan in Delray Beach, FL. The loan is secured by the subject property, a 9,523 square foot mixed-use building comprised of 4,576 square feet of ground-floor retail space and 4,947 square feet of office space on the second floor. 1,499 square feet of the ground floor space is currently occupied by Starbucks. The city of Delray Beach is a popular destination for locals and visitors alike, with upscale shops, fine restaurants and nightly entertainment situated on the Atlantic Ocean between Boca Raton and West Palm Beach. The subject property benefits from its location at the intersection of two major commercial thoroughfares and is walking distance to Delray Public Beach.
For more information, please contact:
Mike Cleaver, Managing Director