FINANCED
Sonny Kalsi & Abbe Borok Of BGO Provide $72.3M Construction Loan For Industrial Property In Polk City, FL
5830 Mount Olive Road
Industrial
386,000 SF
386,000 SF
Financed 106 days ago
Summary
Loan
FLORIDA
Industrial
386,000 sqft
An industrial property located at 5830 Mt Olive Rd in Polk City, FL has been involved in a closed transaction. The property spans an area of approximately 386,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $72,275,418
- Market: Polk City, FL
- Lender: Sonny Kalsi & Abbe Borok - BGO
- Landlord: Stephen Ross, Jeff Blau, Bruce Beal, Michael Winson - Related Fund Management
- Landlord's Representative: Jordan Roeschlaub, Dustin Stolly & Nick Scribani - Newmark
- Loan Type: Construction Loan
Sonny Kalsi and Abbe Borok from BGO provided a construction loan of $72,275,418 for the industrial property at 5830 Mt Olive Rd. The property is owned by Stephen Ross, Jeff Blau, Bruce Beal, and Michael Winson from Related Fund Management. The landlord's representatives in this deal were Jordan Roeschlaub, Dustin Stolly, and Nick Scribani from Newmark.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jeff Blau, Abbe Borok, Jordan Roeschlaub, Nick Scribani, Dustin Stolly, Sonny Kalsi, Stephen Ross, Michael Winson & Bruce Beal
DATE: 12/28/2023
ADDRESS: 5830 Mt Olive Rd
MARKET: Polk City, FL
ASSET TYPE: Industrial ~ SF: 386,000
LENDER: Sonny Kalsi (@SKhoya) & Abbe Borok - BGO (@LifeatBGO)
LANDLORD: Stephen Ross, Jeff Blau, Bruce Beal, Michael Winson - Related Fund Management
LANDLORD'S REP: Jordan Roeschlaub (@JordyRoeschlaub), Dustin Stolly & Nick Scribani (@ScribSays) - Newmark (@Newmark)
LOAN AMOUNT: $72,275,418
LOAN TYPE: Construction Loan
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Address5830 Mount Olive Road
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