Nick Marietti Of VennPoint Real Estate Secures $55.6M Loan For Development Site In Deerfield

The property asset involved in this transaction is a development site located at 5 Parkway North within the Deerfield market. The loan amount secured for the property is $55,600,000.00.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $55,600,000.00
• Address: 5 Parkway North
• Market: Deerfield
• Lender: Bank OZK
• Landlord: Nick Marietti - VennPoint Real Estate
• Broker Representatives: Matthew Schoenfeldt - JLL, Mary Dooley - JLL
• Loan Date: 03/20/2025

The deal involves key individuals and companies, including Nick Marietti representing the landlord through VennPoint Real Estate and Matthew Schoenfeldt along with Mary Dooley acting as broker representatives for JLL in this transaction.