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JLL Secures $26.65 Million Construction Loan For 38 Home Community In Boynton Beach

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FINANCED
$16,200,000
Pier Barinci
Abbie Kushner
+ 1

Florida

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MultiFamily106,900 SF
Financed 06/13/2025
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FINANCED

JLL Secures $26.65 Million Construction Loan For 38 Home Community In Boynton Beach

4595 Coconut Lane

See Similar Deals
MultiFamily106,900 SF
Financed 06/13/2025
Pier Barinci
Abbie Kushner
+ 1
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$151
Total Square Footage:106,900 SF
Transaction Type:Loan

The property involved in this transaction is a for-sale single-family home community located at 4595 Coconut Lane in Boynton Beach. This community comprises 38 units and covers a total square footage of 106,900. The construction loan amount secured for this asset is $26,650,000.

Summary of transaction details:

  • Property Type: For-Sale Single-Family Home Community
  • Transaction Amount: $26,650,000
  • Units: 38
  • Square Footage: 106,900
  • Address: 4595 Coconut Lane
  • Market: Boynton Beach
  • Loan Type: Construction

The deal involved several key individuals representing the transaction. The brokers facilitating this transaction are Max La Cava, Pier Barinci, Jade Starkey, and Abbie Kushner, all associated with JLL.

Players

Max La Cava
44 deals$1.5B volume(917) 825-7346
BROKER

Pier Barinci
JLL
27 deals$728.2M volume
BROKER

Abbie Kushner
JLL
13 deals$283.1M volume
BROKER

Jade Starkey
JLL
5 deals$264M volume
BROKER

JLL
BROKERAGE

Details

FINANCED
IMAGE: Jade Starkey, Max La Cava, Pier Barinci & Abbie Kushner DATE: 07/01/2025 ADDRESS: 4595 Coconut Lane MARKET: Boynton Beach ASSET TYPE: For-Sale Single-Family Home Community ~ UNITS: 38 ~ SF: 106,900 BROKERS: Max La Cava (@Max_La_Cava), Pier Barinci (@PierBarinci), Jade Starkey (@Jstarksss) & Abbie Kushner - JLL (@JLL) LOAN AMOUNT: $26,650,000 LOAN TYPE: Construction NOTE: Single-Family For-Sale Community of 38 homes.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$16,200,000.00

Monthly NOI$108,000.00
Monthly Debt Service$102,395.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00