All Aboard Florida recorded documents last week adding additional mortgagors to the $405 million, 12/12.75% PIK bonds that are funding construction of MiamiCentral and other stations and infrastructure along the Brightline route.
The initial mortgagors were:
- All Aboard Florida – Operations LLC
- Investments Broward County LLC
- Second Street Investments LLC
- FLL Property Ventures LLC
- PBC Investments And Acquisitions LLC
- DT Miami LLC
- Brevard County Property Holdings LLC
The newly added mortgagors are:
- DT Miami A LLC
- DT Miami B LLC
- DT Retail LLC
- DT MFN LLC
- DT MF South LLC
- 2MC Office LLC
- 2MC Retail LLC
- 3MC Parking LLC
- 3MC Office LLC
- All Aboard Florida Nw Sixth Street LLC
- FTL Investments LLC
- Space Coast Land Holdings LLC
At the same time, the parent entities have deeded over air and other rights to the newly formed entities.