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Mack Industrial Secures $21.7M Refinance Loan From Grant Street Funding For Industrial Asset

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FINANCED
$21,700,000
Brad Williamson
Mitch Sinberg
+ 5

Florida

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Industrial78,916 SF
Financed 11/14/2025
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FINANCED

Mack Industrial Secures $21.7M Refinance Loan From Grant Street Funding For Industrial Asset

11700 South Military Trail

See Similar Deals
Industrial78,916 SF
Financed 11/14/2025
Brad Williamson
Mitch Sinberg
+ 5
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$275
Total Square Footage:78,916 SF
Transaction Type:Loan

The property asset involved in the transaction is an industrial facility located at 11700 South Military Trail, encompassing a total square footage of 78,916. The loan amount secured for this property is $21,700,000, which is categorized as a refinance. The market in which this transaction takes place is Golf.

Summary of transaction details:

The transaction includes notable individuals such as John Boyt and Vince Cicchi, who serve as lenders in the deal. The landlord, Mack Industrial, is represented by Steve and David Mackey. The brokerage firm facilitating this transaction is Berkadia, with several brokers collaborating to secure the refinancing terms.

Players

Brad Williamson
107 deals$6.8B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
131 deals$8.3B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
113 deals$6.8B volume
BROKER

Scott Wadler
Berkadia
160 deals$9.8B volume
BROKER

Michael (Thomas) Basinski
Berkadia
40 deals$3.7B volume
BROKER

Matthew Monahemi
Berkadia
2 deals$422.7M volume
BROKER


1 deal$21.7M volume
BROKER

Berkadia
BROKERAGE



Details

FINANCED
IMAGE: Matthew Monahemi, Mitch Sinberg, Steve Mackey, Scott Wadler, David Mackey, Brad Williamson, Michael Basinski & Matt Robbins DATE: 11/14/2025 ADDRESS: 11700 South Military Trail MARKET: Golf ASSET TYPE: Industrial ~ SF: 78,916 LENDER: John Boyt & Vince Cicchi - Grant Street Funding LANDLORD: Mack Industrial BROKERS: Michael Basinski (@MichaelThomasBasinski), Mitch Sinberg (@MitchSinberg), Matthew Monahemi, Scott Wadler, Matt Robbins & Brad Williamson - Berkadia (@Berkadia) LANDLORD'S REP: Steve and David Mackey LOAN AMOUNT: $21,700,000 LOAN TYPE: Refinance LOAN TERMS: Five year fixed-rate loan.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$21,700,000.00

Monthly NOI$144,666.67
Monthly Debt Service$137,158.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00