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97601 Overseas Highway
FINANCED

Winston Capital Management Provides $6M Bridge Loan To Key Marina Development In Key Largo

97601 Overseas Highway

Development Site
176,000 SF
clock iconFinanced 1 year ago
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Summary

Loan
FLORIDA
Development Site
176,000 sqft

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.

Players

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    3

  • Agents

    1

  • Agencies

    1

  • Lenders

    1

David Burstyn's profile picture
David Burstyn
Winston Capital Management-image
CEO
$37.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: David Burstyn DATE: 03/28/2022 ADDRESS: 97601 Overseas Highway MARKET: Key Largo ASSET TYPE: Development Site ~ SF: 176,000 LENDER: Winston Capital Management - David Burstyn (@DavidBurstyn) LANDLORD: Key Marina Development LOAN AMOUNT: $6,000,000 LOAN TYPE: Bridge Loan LOAN TERMS: 1 year NOTE FROM LENDER: Key Largo Land- YES! We FUNDED $6M. No head aches. We closed! Send us your deals. DM @davidburstyn direct!

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Address97601 Overseas Highway

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