Thompson Whitney Blake And Cole Sones Secure $54.23 Million Land Bridge Loan In Palm Bay

The transaction involves a land loan for a property located at Saint Johns Heritage Parkway Southeast in Palm Bay. The loan amount secured is $54,230,000, categorized as a Land Bridge Loan. The asset type is specifically focused on land, indicating its use in future development or investment opportunities.

Summary of transation details:

• Property Type: Land Loan
• Transaction Amount: $54,230,000
• Lender: Hernan Leonoff, Marcelo Saiegh & Gustavo Bogomolni - MG3 Group
• Landlord: Thompson Whitney Blake & Cole Sones - Blake Investment Partners & Paul Paluzzi – Zons Development
• Landlord's Representative: Michael DiCosimo, Melissa Rose & Nicole Diaz - JLL
• Market: Palm Bay

The lenders involved in this transaction are Hernan Leonoff, Marcelo Saiegh, and Gustavo Bogomolni from MG3 Group. Representing the landlords, Thompson Whitney Blake and Cole Sones are from Blake Investment Partners, while Paul Paluzzi is affiliated with Zons Development. Michael DiCosimo, Melissa Rose, and Nicole Diaz from JLL serve as the representatives for the landlords in this deal.