Winston Capital Management Refinances Development Site In West Palm Beach For $12M | 3611 South Flagler Drive | David Burstyn | Development Site | Loan

Summary

Loan

FLORIDA

Development Site

18,000 sqft

An 18,000 square foot development site located at 3611 S Flagler Drive in West Palm Beach has been refinanced with a loan amount of $12,000,000. The loan was provided to the developer to refinance condo "for sale" inventory.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $12,000,000
Address: 3611 S Flagler Drive
Market: West Palm Beach
Loan Type: Refinance

David Burstyn, CEO of Winston Capital Management, served as the broker in this transaction.

Please note that no further information was provided regarding this transaction.

Players

All
2

Agents
1
Agencies
1

David Burstyn

CEO

$37.5M Sold

Winston Capital Management

Details

Deal Summary

FINANCED

IMAGE: David Burstyn DATE: 05/28/2021 ADDRESS: 3611 S Flagler Drive MARKET: West Palm Beach ASSET TYPE: Development Site LOAN TYPE: Refinance BROKER: David Burstyn, CEO - Winston Capital Management LOAN AMOUNT: $12,000,000 SF: 18,000 Note: This was a new 1st mortgage to the developer to refinance condo “for sale” inventory.

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Address3611 South Flagler Drive

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