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Parkway Property Investments & Silverpeak Real Estate Partners Secure $40.67 Million Construction Loan In Lakeland

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FINANCED
$40,670,000
Charles Foschini
Shannon Wilson
+ 1

Florida

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Industrial260,000 SF
Financed 11/14/2025
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FINANCED

Parkway Property Investments & Silverpeak Real Estate Partners Secure $40.67 Million Construction Loan In Lakeland

1415 Winston Park Boulevard

See Similar Deals
Industrial260,000 SF
Financed 11/14/2025
Charles Foschini
Shannon Wilson
+ 1
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$156
Total Square Footage:260,000 SF
Transaction Type:Loan

The asset involved in this transaction is an industrial property located at 1415 Winston Park Boulevard in the Lakeland market. The total square footage of the property is 260,000. The loan amount for this construction project is set at $40,670,000, with a floating-rate and a term of 36 months.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $40,670,000
  • Address: 1415 Winston Park Boulevard
  • Market: Lakeland
  • Asset Size: 260,000 SF
  • Lender: Pinnacle Financial Partners, Hancock Whitney & Seacoast Bank
  • Landlord: Parkway Property Investments & Silverpeak Real Estate Partners
  • Brokers: Charles Foschini, Chris Apone, Shannon Wilson & Lourdes Carranza-Alvarez - Berkadia
  • Loan Type: Construction
  • Loan Terms: floating-rate, 36-month loan

The transaction features key participants such as four brokers from Berkadia: Charles Foschini, Chris Apone, Shannon Wilson, and Lourdes Carranza-Alvarez. Parkway Property Investments and Silverpeak Real Estate Partners act as the landlords for this industrial property. The lenders involved in this transaction include Pinnacle Financial Partners, Hancock Whitney, and Seacoast Bank.

Players

Charles Foschini
57 deals$3.1B volume(305) 267-6608
BROKER

Christopher (Chris) Apone
Berkadia
49 deals$2.4B volume
BROKER

Shannon Wilson
Berkadia
19 deals$825.9M volume
BROKER

Lourdes Carranza-Alvarez
Berkadia
10 deals$477.4M volume
BROKER

Hancock Whitney Bank
LENDER

Bank OZK
LENDER


Details

FINANCED
IMAGE: Shannon Wilson, Charles Foschini, Chris Apone & Lourdes Carranza-Alvarez DATE: 11/14/2025 ADDRESS: 1415 Winston Park Boulevard MARKET: Lakeland ASSET TYPE: Industrial ~ SF: 260,000 LENDER: Pinnacle Financial Partners, Hancock Whitney & Seacoast Bank (@Seacoast_Bank) LANDLORD: Parkway Property Investments & Silverpeak Real Estate Partners BROKERS: Charles Foschini (@Gladesman1), Chris Apone, Shannon Wilson & Lourdes Carranza-Alvarez - Berkadia (@Berkadia) LOAN AMOUNT: $40,670,000 LOAN TYPE: Construction LOAN TERMS: floating-rate, 36-month loan

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$40,670,000.00

Monthly NOI$271,133.33
Monthly Debt Service$257,062.07
Change in Cash Flow$0.00
Refinance Proceeds$0.00