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$12.6 Million Construction Loan Secured For 40 Townhomes At 4280 Hypoluxo Road In Palm Beach

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FINANCED
$12,600,000
Max La Cava
Pier Barinci
Tom Gilliland
+ 2

Florida

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MultiFamily64,000 SF
Financed 06/05/2025
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Property Image
FINANCED

$12.6 Million Construction Loan Secured For 40 Townhomes At 4280 Hypoluxo Road In Palm Beach

4280 Hypoluxo Road

See Similar Deals
MultiFamily64,000 SF
Financed 06/05/2025
Max La Cava
Pier Barinci
Tom Gilliland
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$196
Total Square Footage:64,000 SF
Transaction Type:Loan

The property involved in the transaction is located at 4280 Hypoluxo Road in Palm Beach. It consists of for-sale townhomes, totaling 40 units with an overall square footage of 64,000. The transaction includes a construction loan amounting to $12,600,000.

Summary of transation details:

  • Property Type: For-Sale Townhomes
  • Transaction Amount: $12,600,000
  • Address: 4280 Hypoluxo Road
  • Market: Palm Beach
  • Units: 40
  • Square Footage: 64,000
  • Loan Type: Construction

The key individuals involved in the transaction include Max La Cava, Pier Barinci, Abbie Kushner, Tom Gilliland, and Michael Romero, all representing JLL as brokers in this deal.

Players

Max La Cava
JLL
Max La Cava
44 deals$1.5B volume(917) 825-7346
BROKER
Pier Barinci
JLL
Pier Barinci
27 deals$728.2M volume
BROKER
Tom Gilliland
JLL
Tom Gilliland
4 deals$200.1M volume(415) 395-4918
BROKER
Abbie Kushner
JLL
Abbie Kushner
13 deals$283.1M volume
BROKER
Michael Romero
JLL
Michael Romero
8 deals$269.6M volume(786) 251-6511
BROKER
JLL
JLL
BROKERAGE

Details

FINANCED
IMAGE: Tom Gilliland, Pier Barinci, Max La Cava, Abbie Kushner & Michael Romero DATE: 06/20/2025 ADDRESS: 4280 Hypoluxo Road MARKET: Palm Beach ASSET TYPE: For-Sale Townhomes ~ UNITS: 40 ~ SF: 64,000 BROKERS: Max La Cava (@Max_La_Cava), Pier Barinci (@PierBarinci), Abbie Kushner, Tom Gilliland & Michael Romero - JLL (@JLL) LOAN AMOUNT: $12,600,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,600,000.00

Monthly NOI$84,000.00
Monthly Debt Service$79,640.57
Change in Cash Flow$0.00
Refinance Proceeds$0.00