SteeleHarbour Capital Partners Secures $26.5 Million Acquisition Loan From Centennial Bank In Nokomis

The asset involved in this transaction is a development site located at 2001 Laurel Road East in Nokomis. The loan associated with this property is in the amount of $26,500,000, classified as an acquisition loan with a term of 24 months.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $26,500,000
• Lender: Jeffrey Woodin - Centennial Bank
• Landlord: SteeleHarbour Capital Partners
• Brokers: Charles Foschini, Christopher Apone, Shannon Wilson & Luke Maganas - Berkadia

This transaction involves key individuals in the real estate market, including Jeffrey Woodin representing Centennial Bank and the landlord SteeleHarbour Capital Partners. The deal is facilitated by a team of brokers from Berkadia, comprising Charles Foschini, Christopher Apone, Shannon Wilson, and Luke Maganas, who contributed their expertise to this acquisition process.