Gordon H. Kolb, Jr., Tom Connolly & Daniel Ginburg Secure $14.5M Refinance Loan For Self Storage

The asset involved in the transaction is a self-storage facility with a total square footage of 141,790, located at 9128 Navarre Parkway in Navarre, FL and 422 Howze Beach Road in Slidell, LA. The loan amount for this transaction is $14,500,000, classified as a refinance.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $14,500,000
• Address: 9128 Navarre Parkway & 422 Howze Beach Road
• Market: Navarre, FL & Slidell, LA
• Lender: Adam Siper, Justin Desiderio & Andrew LeoGrande - Ladder Capital
• Borrower: Gordon H. Kolb, Jr., Tom Connolly & Daniel Ginburg
• Borrower's Rep: Hagan Dick & Doug Alexander - Colliers
• Loan Type: Refinance

The transaction features key participants, including lenders Adam Siper, Justin Desiderio, and Andrew LeoGrande from Ladder Capital, who facilitated the financing process. The borrowing group includes Gordon H. Kolb, Jr., Tom Connolly, and Daniel Ginburg, represented by brokers Hagan Dick and Doug Alexander of Colliers.