FINANCED
Bank OZK Provides $119M Loan For Development Site In Sunny Isles Beach
18801 Collins Avenue
Development Site
1,150,000 SF
1,150,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Development Site
1,150,000 sqft
A development site located at 18801 Collins Avenue in Sunny Isles Beach has been involved in a closed transaction. The property, owned by Fortune International Group and Château Group, was the subject of a deal facilitated by brokers Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Chris Kramer, and Edgardo Defortuna.
Summary of transaction details
- Property Type: Development site
- Loan Amount: $119,000,000
- Units: 490
- Building Square Footage: 1,150,000
- Address: 18801 Collins Avenue
- Market: Sunny Isles Beach
The lenders involved in the deal were Bank OZK. Edgardo Defortuna, representing Fortune International Group, and Château Group played the role of landlords in the transaction. The brokers, Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Chris Kramer, and Edgardo Defortuna, worked on behalf of the involved parties to finalize the deal.
Players
All
7
Agents
5
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jordan Roeschlaub, Dustin Stolly, Chris Kramer, Nick Scribani & Edgardo Defortuna
DATE: 05/04/2020
ADDRESS: 18801 Collins Avenue
MARKET: Sunny Isles Beach
ASSET TYPE: Development site
LENDER: Bank OZK
LANDLORD: Fortune International Group – Edgardo Defortuna, Château Group
BROKERS: Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Chris Kramer & […]
LOAN AMOUNT: $119,000,000
UNITS: 490
BSF: 1,150,000View on map
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Address18801 Collins Avenue
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