RMWC Provides $208 Million Construction Loan To Kevin Maloney, Dan Kaplan, And PMG In Sarasota

The property asset involved in this transaction is a development site located at 668 Quay Cmns in the Sarasota market. The loan amount secured for this development site is $208,000,000.00 and it is categorized under construction loan type.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $208,000,000.00
• Lender: RMWC
• Landlord: Kevin Maloney & Dan Kaplan, Andrew Warman, Jon Blank, and Paton Marion - PMG; Kim Githler - MoneyShow
• Loan Type: Construction

The transaction involves several key individuals including Kevin Maloney, Dan Kaplan, Andrew Warman, Jon Blank, and Paton Marion who represent PMG, along with Kim Githler representing MoneyShow. Their roles in the deal are pivotal to the structure and execution of the financing for the development site.