Updated Oct 21, 2026
Workman Real Estate Ventures Secures $4.15 Million Bridge Loan From Largo Capital For Industrial Asset
3519 Avenue K
$4,150,000
$128/SF
Building Size
32,259 SF
Asset Type
Industrial
Closing
Oct 16, 2026
About this deal
AI
The asset involved in this transaction is an industrial property located at 3301 & 3519 Avenue K in Riviera Beach, with a total square footage of 32,259. The deal was facilitated by a bridge loan, amounting to $4,150,000, provided by Largo Capital in partnership with BEB Capital.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,150,000
- Lender: Largo Capital (in partnership with BEB Capital)
- Borrower: Workman Real Estate Ventures (WREV)
- Originator: Arjun Arora - Largo Capital
- Loan Type: Bridge
This transaction highlights the collaboration between Largo Capital and BEB Capital in facilitating a bridge loan for Workman Real Estate Ventures (WREV). The loan was specifically aimed at supporting the acquisition of the mentioned industrial property in Riviera Beach, FL.
On the Map
$4,150,000
$128/SF
Industrial
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Players
Riviera Beach Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93