AZTEC ARRANGES A $55.75 MILLION PERMANENT LOAN
FOR ONE BROADWAY APARTMENT TOWER
Miami, Florida -- Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm based in Miami, is pleased to announce the permanent financing of the One Broadway Apartment Tower located at 1451 South Miami Avenue in Miami, Florida.
One Broadway is a 36-story luxury rental apartment community containing a total of 371 units. The property sits one block west of Brickell Avenue and was completed in 2005. Amenities include 24-hour concierge, 7th story pool and sundeck, fitness center with indoor racquetball courts, A/C storage units, entertainment and recreation center with theater, business center, granite counters in kitchens and baths, washer and dryer in each unit, terraces with city and bay views and impact resistant windows.
Jason Shapiro, Managing Director of Aztec Group, Inc., represented the borrower in the placement of this loan, with a major U.S. based life insurance company. The fixed rate loan term is 20 years.

Founded in 1981, Aztec Group, Inc., is a full service real estate investment and merchant banking firm specializing in facilitating the acquisition, disposition, financing and capital needs of real estate projects for institutional investors, entrepreneurs, developers and offshore clients. |