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2170 Robinhood Street

Fabio Di Prima Of Silver Sky Global Capital Secures $79 Million Loan For Development Site In Sarasota
FINANCEDDevelopment Site

Fabio Di Prima Of Silver Sky Global Capital Secures $79 Million Loan For Development Site In Sarasota

2170 Robinhood Street

$79,000,000

Building Size

Asset Type

Development Site

Closing

Mar 17, 2025

AI

The asset involved in this transaction is a development site located at 2170 Robinhood Street in the Sarasota market. The loan amount secured for this property is $79,000,000.00.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $79,000,000.00
  • Address: 2170 Robinhood Street
  • Market: Sarasota
  • Lender: SCALE Lending
  • Landlord: Fabio Di Prima - Silver Sky Global Capital
  • Broker Representatives: Noam Katz, Jonathan Aghravi (JBA Equities)

In this transaction, Fabio Di Prima acts as the landlord representing the property, while Jonathan Aghravi from JBA Equities is one of the broker representatives involved in the deal alongside Noam Katz.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker
Martin Nussbaum

Martin Nussbaum

Slate Property Group

Lender

$1.8B

vol

25 deals

Lender
SCALE Lending
SCALE LendingLender

Sarasota Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93