BEB Capital Provides $2.3M Bridge Loan For Industrial Property In Largo, Florida

A $2.3 million bridge loan has been provided by Lee Brodsky, Sean Silverbrook, and Keyvan Ghaytanchi of BEB Capital to Hersh Equity Group for the acquisition of a 25,000 square-foot industrial property located at 12505 66th Street North in Largo, Florida. This transaction marks BEB Capital's first venture in the Tampa/St. Petersburg area.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,300,000
• Address: 12505 66th St N, Largo, Florida
• Market: Largo
• Asset Size: 25,000 square feet

"This market has experienced significant growth over the past 24 months. We are excited to continue identifying opportunities to provide lending solutions to the real estate community in this flourishing market, as well as other key markets throughout the United States," explained Sean Silverbrook, Vice President of BEB Lending.