{"id":115412,"date":"2026-01-12T19:39:08","date_gmt":"2026-01-12T19:39:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/115412\/"},"modified":"2026-01-12T19:39:08","modified_gmt":"2026-01-12T19:39:08","slug":"nomura-provides-185m-refi-for-fort-lauderdale-office-tower-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/115412\/","title":{"rendered":"Nomura Provides $185M Refi for Fort Lauderdale Office Tower \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/stiles\/\" title=\"Stiles\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Stiles<\/a> and <a href=\"https:\/\/commercialobserver.com\/company\/shorenstein-investment-advisers\/\" title=\"Shorenstein Investment Advisers\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Shorenstein Investment Advisers<\/a> nabbed a $185 million loan to refinance an office tower in Downtown Fort Lauderdale.\u00a0<\/p>\n<p>The floating-rate senior loan from Japanese financial services group <a href=\"https:\/\/commercialobserver.com\/company\/nomura\/\" title=\"Nomura\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Nomura<\/a> covers the Main, a 25-story building that the borrowers completed in 2020. The 1.4 million-square-foot property at 201 East Las Olas Boulevard includes 387,401 square feet of leasable space.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/01\/peachtree-c-pace-hotel-water-park-pro-football-hall-of-fame-canton\/\" rel=\"nofollow noopener\" target=\"_blank\">Peachtree Closes $70M for Hotel, Water Park Near Football Hall of Fame<\/a><\/p>\n<p>The development is fully occupied with tenants that include J.P. Morgan Chase and Raymond James, according to <a href=\"https:\/\/commercialobserver.com\/company\/jll\/\" title=\"JLL\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">JLL<\/a>, whose Paul Stasaitis, Geoff Goldstein and Blake Koletic represented the borrower in the debt transaction. Restaurants Moxies and Fogo de Chao occupy the ground floor.\u00a0<\/p>\n<p>The project was built on a 2.7-acre site, which remains under the ownership of state-run Broward College, after Blackstone provided a $204 million in construction debt in 2018.<\/p>\n<p>The refinancing comes as the Downtown Fort Lauderdale investment sales market has softened. Deutsche Bank\u2019s asset manager <a href=\"https:\/\/commercialobserver.com\/2025\/02\/dws-bank-of-america-plaza-las-olas-city-centre-florida-fort-lauderdale-office\/\" rel=\"nofollow noopener\" target=\"_blank\">sold<\/a> two neighboring office complexes for little gain last year, about a decade after purchasing them.<\/p>\n<p>\u201cThe emergence of discerning lenders like Nomura readily available to provide capital solutions for office-owner clients represents a welcome evolution within the office sector,\u201d Stasaitis said in a statement.<\/p>\n<p>The refinancing is the first real estate loan issued by Nomura since <a href=\"https:\/\/commercialobserver.com\/2025\/09\/nomura-larry-kravetz-cmbs\/\" rel=\"nofollow noopener\" target=\"_blank\">relaunching<\/a> its credit platform in the U.S. market last year and hiring Barclay\u2019s former head of CMBS finance Larry Kravetz.<\/p>\n<p>A spokesperson for Stile confirmed the loan, while a representatives for Shorenstein Investment Advisers and Nomura did not immediately respond to a request for comment.<\/p>\n<p>Julia Echikson can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/01\/stiles-shorenstein-nomura-the-main-fort-lauderdale\/mailto:jechikson@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">jechikson@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Stiles and Shorenstein Investment Advisers nabbed a $185 million loan to refinance an office tower in Downtown Fort&hellip;\n","protected":false},"author":2,"featured_media":115413,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[58324,249,251,250,58325,58326,58327],"class_list":{"0":"post-115412","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fort-lauderdale","8":"tag-201-east-las-olas-boulevard","9":"tag-fort-lauderdale","10":"tag-fort-lauderdale-headlines","11":"tag-fort-lauderdale-news","12":"tag-larry-kravetz","13":"tag-paul-stasaitis","14":"tag-the-main"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/115412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=115412"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/115412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/115413"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=115412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=115412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=115412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}