Jay Dakkal Secures $4.05 Million Refinance Loan For Industrial Warehouse In Winter Haven

The property involved in this transaction is an industrial warehouse located at 300 Avenue P Southwest, Winter Haven, Florida. The total square footage of the asset is 60,430, and it has secured a loan amount of $4,050,000 through a refinancing process.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,050,000
• Loan Type: Refinance
• Lender: City National Bank
• Landlord: Jay Dakkal
• Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
• Market: Winter Haven
• Closing Date: 03/11/2026

This deal was notable for being structured as a full cash-out refinance, providing the borrower the opportunity to unlock the full equity value of the asset. It was successfully executed on behalf of an out-of-market sponsor by Filler Capital, which leveraged its local market knowledge and lender relationships. This transaction marks Filler Capital's fourth closing within the month in South Florida.