MIAMI-Canyon Capital Realty Advisors LLC has provided a $42-million senior loan to Taubco, a South Florida-based real estate firm, secured by the Class A, 170,000 square-foot Causeway Square mixed-use office and retail property.

The loan proceeds enabled Taubco to purchase and restructure its existing mortgage, and will provide Taubco with funds to complete the lease-up and build-out of the remaining first generation office and retail space at the North Miami property, Canyon Realty officials state.

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