FINANCED
Concord Summit Secures $23.5M Construction Loan For 'The Mark' Condos In Cumberland Foreside, ME
100 US Route 1
Development Site
Financed 233 days ago
Summary
Loan
MAINE
Development Site
The Mark, a condominium development located at 100 US Rt. 1 in Cumberland Foreside, Maine, has secured $23.5 million in construction financing. The development site is owned by Mark McClure and the loan was facilitated by Daniel Eidson of Concord Summit Capital, LLC. The project is slated for completion by Summer 2024.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $23,500,000
- Address: 100 US Rt. 1, Cumberland Foreside, ME
- Market: Cumberland Foreside, ME
- Landlord: Mark McClure
- Broker: Daniel Eidson - Concord Summit Capital
- Loan Type: Construction
Concord Summit Capital, LLC, led by broker Daniel Eidson, successfully secured $23.5 million in construction financing for 'The Mark' condominium development in Cumberland Foreside, Maine. The loan will support the completion of the project by Summer 2024.
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2
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1
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1
Details
FINANCED
IMAGE: Daniel Eidson
DATE: 09/27/2023
ADDRESS: 100 US Rt. 1
MARKET: Cumberland Foreside, ME
ASSET TYPE: Development Site
LANDLORD: Mark McClure
BROKER: Daniel Eidson - Concord Summit Capital
LOAN AMOUNT: $23,500,000
LOAN TYPE: Construction
NOTE: Concord Summit Capital, LLC has secured $23.5 million in construction financing for 'The Mark,' a condominium development in Cumberland Foreside, Maine, with plans for completion by Summer 2024.View on map
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Address100 US Route 1
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