U.S. Construction Secures $44.7M Loan For Development Site In Delray Beach | 1625 South Ocean Boulevard | Madison Realty Capital | Jason Krane | Development Site | Loan

Summary

Loan

FLORIDA

Development Site

2,762 sqft

U.S. Construction, represented by John Farina, has secured a loan of $44,700,000 from Madison Realty Capital for a development site located at 1625 South Ocean Boulevard in Delray Beach. This development site spans across 1.17 acres in size and is situated in the Delray Beach market.

Summary of transaction details:

Property Type: Development Site
Address: 1625 South Ocean Boulevard, Delray Beach
Market: Delray Beach
Loan Amount: $44,700,000
Lender: Madison Realty Capital
Landlord: U.S. Construction - John Farina
Broker: Jason Krane - Ackman Ziff

Jason Krane from Ackman Ziff represented U.S. Construction in securing the loan from Madison Realty Capital for this development site in Delray Beach.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Jason Krane

Principal

$11.2M Sold

Ackman-Ziff

Madison Realty Capital

Details

Deal Summary

FINANCED

IMAGE: Jason Krane, Josh Zegen & John Farina DATE: 08/03/2021 ADDRESS: 1625 South Ocean Boulevard MARKET: Delray Beach ASSET TYPE: Development Site 🏗 ~ ACRES: 1.17 LENDER: @MadisonRealtyCapital LANDLORD: U.S. Construction - John Farina BROKER: Jason Krane - Ackman Ziff LOAN AMOUNT: $44,700,000

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Address1625 South Ocean Boulevard

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