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480 Casuarina Concourse
FINANCED

Winston Capital Management Provides $13.2M Acquisition Loan For Coral Gables Development Site

480 Casuarina Concourse

Single Family
72,310 SF
clock iconFinanced 154 days ago
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Summary

Loan
FLORIDA
Single Family
72,310 sqft

A development site located at 480 Casuarina Concourse in Coral Gables has been involved in a recent loan transaction. The property spans approximately 72,300 square feet, making it a sizable asset in the market.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $13,200,000
  • Market: Coral Gables
  • Lender: David Burstyn - Winston Capital Management

David Burstyn from Winston Capital Management provided a loan of $13,200,000 as an acquisition loan for this development site. The loan has a term of 2 years, offering the necessary financial support for the project's progression.

It's worth noting that the lender, Winston Capital Management, expressed satisfaction in collaborating with the development team on this A+ asset.

Players

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    2

  • Agents

    1

  • Agencies

    1

David Burstyn's profile picture
David Burstyn
Winston Capital Management-image
CEO
$37.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: David Burstyn DATE: 01/16/2024 ADDRESS: 480 Casuarina Concourse MARKET: Coral Gables ASSET TYPE: Development Site ~ SF: 72,300 LENDER: David Burstyn (@DavidBurstyn) - Winston Capital Management LOAN AMOUNT: $13,200,000 LOAN TYPE: Acquisition Loan LOAN TERMS: 2 year NOTE FROM LENDER: Winston was happy to work with this amazing development team on a A+ asset.

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Address480 Casuarina Concourse

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