SteeleHarbour Capital Partners Secures $14 Million Loan For Mixed-use Property In Nokomis
FINANCED
$14,000,000
Florida
See Similar DealsMixed-use
Financed 12/19/2025
FINANCED
SteeleHarbour Capital Partners Secures $14 Million Loan For Mixed-use Property In Nokomis
1115 Twin Laurel Boulevard
See Similar DealsMixed-use
Financed 12/19/2025
Summary
FLORIDA
Asset Type:Mixed-use
Transaction Type:Loan
The property asset involved in this transaction is located at 1115 Twin Laurel Boulevard in Nokomis. It is classified as a mixed-use asset and is backed by a loan amount of $14,000,000 with floating rate terms set for a duration of 12 months.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $14,000,000
- Lender: RMWC
- Landlord: SteeleHarbour Capital Partners
- Brokers: Charles Foschini, Chris Apone & Shannon Wilson - Berkadia
This transaction features key individuals including brokers Charles Foschini, Chris Apone, and Shannon Wilson, who are affiliated with Berkadia, representing the interests of the parties involved in this loan transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,000,000.00
Monthly NOI$93,333.33
Monthly Debt Service$88,489.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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