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Jordan Kornberg, Camilo Miguel & Jeremy Chosnek Of Mast Capital Secure $20M Loan For Development Site In West Palm Beach

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FINANCED
$20,000,000
Brad Williamson
Mitch Sinberg
+ 3

Florida

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Development Site
Financed
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FINANCED

Jordan Kornberg, Camilo Miguel & Jeremy Chosnek Of Mast Capital Secure $20M Loan For Development Site In West Palm Beach

400 Hibiscus Street

See Similar Deals
Development Site
Financed
Brad Williamson
Mitch Sinberg
+ 3
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Summary

FLORIDA
Asset Type:Development Site
Transaction Type:Loan

The asset involved in this transaction is a development site located at 400 Hibiscus Street in West Palm Beach. The loan amount is $20,000,000, categorized as a pre-development loan with floating-rate, interest-only terms.

Summary of transaction details:

The individuals involved in this deal represent key players from their respective companies, with Jordan Kornberg, Camilo Miguel, and Jeremy Chosnek representing Mast Capital as landlords, while Josh Simon represents Curated Group. The brokers from Berkadia involved in the transaction include Scott Wadler, Mitch Sinberg, Matt Robbins, Brad Williamson, and Michael Basinski.

Players

Brad Williamson
103 deals$6.2B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
127 deals$7.7B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
109 deals$6.2B volume
BROKER

Scott Wadler
Berkadia
153 deals$8.8B volume
BROKER

Michael (Thomas) Basinski
Berkadia
36 deals$2.8B volume
BROKER

S3 Capital
LENDER

Mast Capital
LANDLORD

Mast Capital
LANDLORD

Josh Simon
2 deals$76.8M volume
LANDLORD

Mast Capital
LANDLORD

Details

FINANCED
IMAGE: Scott Wadler, Mitch Sinberg, Camilo Miguel, Jeremy Chosnek, Jordan Kornberg, Matt Robbins, Michael Basinski & Brad Williamson DATE: 03/06/2026 ADDRESS: 400 Hibiscus Street MARKET: West Palm Beach ASSET TYPE: Development Site LENDER: S3 Capital (@S3Capital) LANDLORD: Jordan Kornberg (@JKornberg7), Camilo Miguel & Jeremy Chosnek - Mast Capital (@MastCapital); Josh Simon - Curated Group BROKERS: Scott Wadler (@SWadler1), Mitch Sinberg (@MitchSinberg), Matt Robbins, Brad Williamson & Michael Basinski (@MichaelThomasBasinski) - Berkadia (@Berkadia) LOAN AMOUNT: $20,000,000 LOAN TYPE: Pre development LOAN TERMS: Floating-rate, interest-only

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$20,000,000.00

Monthly NOI$133,333.33
Monthly Debt Service$126,413.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00