Integra Investments Secures $101.4M Construction Loan For Biscayne Shores Development Site

An 8.2-acre development site located at 11295 Biscayne Boulevard in Biscayne Shores, Miami, has been involved in a recent transaction. The property, owned by Integra Investments represented by Nelson Stabile, Victor Ballestas, and Paulo Melo, along with Andrew Korge from the Korgeous Group and David Larson from DCL Capital, has secured a construction loan from Synovus Bank. The loan amount provided is $101,400,000, with the loan type being a construction loan.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $101,400,000
• Address: 11295 Biscayne Boulevard, Biscayne Shores, Miami
• Market: Biscayne Shores, Miami
• Loan Type: Construction Loan
• Lender: Synovus Bank
• Landlord: Integra Investments - Nelson Stabile, Victor Ballestas, and Paulo Melo; Andrew Korge - Korgeous Group; David Larson - DCL Capital

The key individuals and companies involved in the deal include Integra Investments represented by Nelson Stabile, Victor Ballestas, and Paulo Melo, along with Andrew Korge from the Korgeous Group and David Larson from DCL Capital. These individuals and groups played significant roles in securing the construction loan from Synovus Bank for the development site located at 11295 Biscayne Boulevard.