Jaymor Group Acquires Development Site In Daytona Beach For $19M Loan With LV Lending
FINANCED
$19,000,000
Florida
See Similar DealsDevelopment Site204,185 SF
Financed 08/19/2020
FINANCED
Jaymor Group Acquires Development Site In Daytona Beach For $19M Loan With LV Lending
1300 East International Speedway Boulevard, Daytona Beach, FL, USA
See Similar DealsDevelopment Site204,185 SF
Financed 08/19/2020
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$93
Total Square Footage:204,185 SF
Transaction Type:Loan
An $19,000,000 loan was secured for the development site located at 135 E. International Speedway Blvd. in Daytona Beach. The loan was provided by LV Lending, with Camilo Niño, Ricardo Uribe, and Alen Hernandez acting as lenders. The property spans 11 acres and is owned by The Jaymor Group.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $19,000,000
- Address: 135 E. International Speedway Blvd.
- Market: Daytona Beach
The loan was facilitated by the lenders from LV Lending, namely Camilo Niño, Ricardo Uribe, and Alen Hernandez. They acted as the representatives for the borrowers in this deal. The Jaymor Group, as the landlord, secured the loan to further develop the 11-acre site situated at 135 E. International Speedway Blvd. in Daytona Beach.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$19,000,000.00
Monthly NOI$126,666.67
Monthly Debt Service$120,092.92
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions