Winston Capital Management Provides $6M Bridge Loan To Key Marina Development In Key Largo
97601 Overseas Highway
176,000 SF
Summary
Key Largo Land has successfully closed a development site transaction in Key Largo. The property, located at 97601 Overseas Highway, spans 176,000 square feet. The deal was facilitated by David Burstyn of Winston Capital Management, who provided a bridge loan of $6,000,000. The loan has a term of one year and has been secured for the development project by Key Marina Development.
Summary of Transaction Details
- Property Type: Development Site
- Transaction Amount: $6,000,000
- Address: 97601 Overseas Highway, Key Largo
- Market: Key Largo
- Lender: Winston Capital Management represented by David Burstyn
- Landlord: Key Marina Development
- Loan Type: Bridge Loan
- Loan Terms: 1 year
The successful closing of this deal showcases Key Largo Land's ability to provide funding for development projects without any complications. Key Marina Development, as the landlord, can now proceed with the development plans for the site with the financial support provided by Winston Capital Management. For more real estate opportunities, interested parties can reach out to David Burstyn directly via his Instagram account @davidburstyn.
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