Seacoast Bank Provides $16 Million Refinance Loan For Development Site In Lakeland

The asset involved in the transaction is a development site located at 8161 State Road 33rd North in Lakeland. This property encompasses a total square footage of 201,420 and is part of a refinancing loan amounting to $16,000,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $16,000,000
• Lender: Seacoast Bank
• Landlord: Mark Levy & Andy Meran - Altman Logistics
• Brokers: Melissa Rose, Michael DiCosimo & Val McWilliams - JLL
• Loan Type: Refinance

The transaction features key individuals such as Mark Levy and Andy Meran representing the landlord side through Altman Logistics. The transaction was brokered by Melissa Rose, Michael DiCosimo, and Val McWilliams from JLL, highlighting the collaborative effort involved in this refinancing deal.