New York-based Madison Realty Capital, led by Josh Zegen, is providing the financing for the Via Mizner project at 105 East Camilo Real, according to a source. It replaces the $225 million loan Madison provided in 2019. The refinancing adds to a group of large loans that developers have secured in recent months.

Penn-Florida, led by president Mark Gensheimer, completed the first phase, a 366-unit apartment building, in 2018. The project also calls for a 164-room Mandarin Oriental hotel, the Via Mizner Golf and City Club, and 60,000 square feet of retail space that will make up the Shoppes at Via Mizner. Jack Nicklaus designed the golf club. Nichols Architects designed the project.

Read on at source: The Real Deal https://therealdeal.com/miami/2023/08/08/penn-florida-gets-300m-loan-for-mandarin-oriental-boca-raton/