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Scott Maslin Of Woodglen Investments Secures $23 Million Construction Loan For Self Storage And Retail In West Palm Beach

Property Image
FINANCED
$36,700,000
Dylan Kane
Zach Redding

Florida

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Student Housing179,755 SF
Financed 03/28/2025
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FINANCED

Scott Maslin Of Woodglen Investments Secures $23 Million Construction Loan For Self Storage And Retail In West Palm Beach

1501 Dixie Highway

See Similar Deals
Student Housing179,755 SF
Financed 03/28/2025
Dylan Kane
Zach Redding
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Student Housing
Price Per Square Foot:$204
Total Square Footage:179,755 SF
Transaction Type:Loan

The property asset involved in this transaction is a combined self-storage and retail facility located at 1501 North Dixie Highway in West Palm Beach. The facility has a total square footage of 93,626 and is associated with a construction loan amounting to $23,000,000.

Summary of transaction details:

  • Property Type: Self Storage & Retail
  • Transaction Amount: $23,000,000
  • Lender: Catal Capital
  • Landlord: Scott Maslin - Woodglen Investments
  • Broker Representatives: Dylan Kane & Zach Redding - Colliers
  • Transaction Date: 08/25/2025

This transaction involves key individuals such as Scott Maslin representing Woodglen Investments as the landlord. The brokerage services were provided by Dylan Kane and Zach Redding, who represented the deal through Colliers.

Players

Dylan Kane
Colliers
Dylan Kane
58 deals$2.9B volume(516) 965-7860
BROKER
Zach Redding
Colliers
Zach Redding
54 deals$1.8B volume(570) 574-9015
BROKER
Colliers
Colliers
BROKERAGE
Woodglen Investments
Woodglen Investments
SELLER
Woodglen Investments
Woodglen Investments
SELLER

Details

FINANCED
IMAGE: Zach Redding, Dylan Kane & Scott Maslin DATE: 08/25/2025 ADDRESS: 1501 North Dixie Highway MARKET: West Palm Beach ASSET TYPE: Self Storage & Retail ~ SF: 93,626 LENDER: Catal Capital LANDLORD: Scott Maslin - Woodglen Investments BROKERS: Dylan Kane (@DylanKane1) & Zach Redding (@ZRedds) (@Kane.Redding) - Colliers (@ColliersInternational) LOAN AMOUNT: $23,000,000 LOAN TYPE: Construction $NewYork

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$36,700,000.00

Monthly NOI$244,666.67
Monthly Debt Service$231,968.96
Change in Cash Flow$0.00
Refinance Proceeds$0.00