Douglas Caraballo Secures $54.5 Million Construction Loan For Development Site In Winter Garden, FL

The asset involved in this transaction is a development site located in Winter Garden, FL, covering a total square footage of 5,140,080. The property is associated with a construction loan amounting to $54,500,000. The specific terms of the loan remain confidential. This deal involves a 462-pad site for horizontal construction.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $54,500,000
• Market: Winter Garden, FL
• Loan Type: Construction
• Landlord: Douglas Caraballo
• Broker Representatives: Justin Piasecki & Thomas Butler - George Smith Partners

The transaction highlights the involvement of Douglas Caraballo as the landlord. The brokers managing this loan deal are Justin Piasecki and Thomas Butler, representing George Smith Partners. The focus of this financing is primarily on horizontal construction for the 462-pad site.