Scott Modelski Of Black Bear Capital Partners Provides $4.9M Construction Loan For Luxury Single-Family Home In Boca Raton | 17603 Castlebay Court | Scott Modelski | Single Family | Loan

Summary

Loan

FLORIDA

Single Family

The luxury single-family residence located at 17603 Castlebay Court in Boca Raton, FL was the subject of a recent closed loan transaction. The loan amount for this transaction was $4,866,500 and it was a construction loan. The financing provided was an 18-month interest-only fixed-rate loan.

Summary of transaction details

Property Type: Single Family
Transaction Amount: $4,866,500
Address: 17603 Castlebay Court, Boca Raton, FL
Market: Boca Raton, FL
Borrower: The Reich Companies
Broker: Scott Modelski - Black Bear Capital Partners
Loan Type: Construction
Loan Terms: 18-month interest-only fixed-rate loan

Scott Modelski from Black Bear Capital Partners represented the borrower, The Reich Companies, in this loan transaction.

Players

All
2

Agents
1
Agencies
1

Scott Modelski

Managing Director

Black Bear Capital Partners

Details

Deal Summary

FINANCED

IMAGE: Scott Modelski DATE: 12/29/2023 ADDRESS: 17603 Castlebay Court MARKET: Boca Raton, FL ASSET TYPE: Single Family ~ LANDLORD: The Reich Companies BROKER: Scott Modelski (@Scott_R_Modelski) - Black Bear Capital Partners (@BlackBearCapitalPartners) LOAN AMOUNT: $4,866,500 LOAN TYPE: Construction LOAN TERMS: Construction of the luxury single-family residence was financed with an 18-month interest-only fixed-rate loan.

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Address17603 Castlebay Court

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