FINANCED
Winston Capital Management Provides $13.2M Acquisition Loan For Coral Gables Development Site
480 Casuarina Concourse
Single Family
72,310 SF
72,310 SF
Financed 107 days ago
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
Details
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.View on map
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Address480 Casuarina Concourse
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