Updated Oct 13, 2026
Michael Hoffenberg & Charlie Zabriskie Of Trevian Capital Provides $5.25 Million Refinance Loan In Lakeland
3900 Frontage Road South
$5,250,000
$70/SF
Building Size
75,000 SF
Asset Type
Industrial
Closing
May 18, 2025
About this deal
AI
The asset involved in this transaction is an industrial property located at 3900 Frontage Road South in Lakeland. The property encompasses a total square footage of 75,000 and the transaction is classified as a refinance. The loan amount for this property is set at $5,250,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,250,000
- Loan Type: Refinance
- Lender: Michael Hoffenberg & Charlie Zabriskie
- Lender Organization: Trevian Capital
- Date of Transaction: 5/19/2025
- Address: 3900 Frontage Road South, Lakeland
- Square Footage: 75,000
Key individuals in this transaction include Michael Hoffenberg and Charlie Zabriskie, who represent Trevian Capital as the lenders for the refinance. Their involvement is critical in facilitating the financial aspects of this deal.
On the Map
$5,250,000
$70/SF
Industrial
View full map
Players
Lakeland Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
Loading comparables…
Deal FAQ
Visit Charlie Zabriskie to view all their deals.
Browse Lakeland industrial loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93