Vivian Dimond Secures $38.5 Million Refinance Loan From David Burstyn In Manalapan

The property involved in this transaction is a single-family home located at 1460 South Ocean Boulevard in Manalapan, with a square footage of 15,000. The loan amount provided for this property is $38,500,000, intended for refinance purposes.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $38,500,000
• Address: 1460 South Ocean Boulevard
• Market: Manalapan
• Lender: David Burstyn - Winston Capital Management
• Landlord: 1460 Ocean Manalapan / Vivian Dimond
• Loan Type: Refinance

The deal involves David Burstyn, who is representing Winston Capital Management, providing a bridge loan to seasoned developer Vivian Dimond. Winston Capital specifically focuses on providing business purpose loans to real estate investors.