David Zimmerman Of Ohana Real Estate Investors Secures $165M Loan From Jamie Dimon At J.P. Morgan

The property involved in the transaction is a 392-acre commercial asset located at 10391 Panther National Boulevard in West Palm Beach, FL. The loan amount for this transaction is $165,000,000, which is part of an increased debt associated with Panther National. The asset features an 18-hole championship golf course, a nine-hole par-three course, and approximately 150 unsold residential lots. Additionally, a 58,000-square-foot clubhouse is expected to open this fall as part of the development project.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $165,000,000
• Address: 10391 Panther National Boulevard
• Market: West Palm Beach, FL
• Landlord: David Zimmerman - Ohana Real Estate Investors
• Lender: Jamie Dimon - J.P. Morgan

Key individuals involved in the deal include David Zimmerman, representing Ohana Real Estate Investors, who has overseen the acquisition and management of the property. Jamie Dimon represents J.P. Morgan as the lender facilitating the additional loan, providing financial backing for the further development of the property.