Juan Fernando Andonie And Jerad Graham Secure $17.65M Construction Loan For Luxury Townhomes In Delray Beach

The property asset involved in the context consists of luxury townhomes located at 102 Southeast 5th Avenue in Delray Beach. The total loan amount secured for construction is $17,650,000.

Summary of transaction details:

• Property Type: Luxury Townhomes
• Transaction Amount: $17,650,000
• Address: 102 Southeast 5th Avenue
• Market: Delray Beach
• Loan Type: Construction
• Landlord: Juan Fernando Andonie - 4TRO Development; Jerad Graham - Kastelo Development
• Brokers: Pier Barinci, Max La Cava & Abbie Kushner - JLL

This transaction highlights the collaboration of key individuals in the real estate sector. The deal includes representations from Juan Fernando Andonie of 4TRO Development and Jerad Graham of Kastelo Development, ensuring a robust partnership in the development of the luxury townhomes. The brokerage team from JLL, consisting of Pier Barinci, Max La Cava, and Abbie Kushner, played an essential role in facilitating the agreement.