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1115 Twin Laurel Boulevard

SteeleHarbour Capital Partners Secures $14 Million Loan For Mixed-use Property In Nokomis
FINANCEDMixed-use

SteeleHarbour Capital Partners Secures $14 Million Loan For Mixed-use Property In Nokomis

1115 Twin Laurel Boulevard

$14,000,000

Building Size

Asset Type

Mixed-use

Closing

Dec 18, 2025

AI

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:

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.

Players

Charles Foschini

Berkadia

Broker

$3.3B

vol

59 deals

Broker

Nokomis Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93