Madison Realty Capital Provides $30M Acquisition Loan For Development Site In Naples | 900-1100 Fifth Avenue South | Scott Aiese | Development Site | Loan

Summary

Loan

FLORIDA

Development Site

2,896 sqft

The development site located at 900-1100 Fifth Avenue South in Naples was recently involved in a closed transaction. The site spans across 4.27 acres, making it a valuable piece of property in the area.

Summary of transation details

Property Type: Development Site
Transaction Amount: $30,000,000
Address: 900-1100 Fifth Avenue South
Market: Naples
Asset Type: Development Site
Acres: 4.27
Lender: Madison Realty Capital - Josh Zegen
Landlord: M Development - Brandon Tarpey
Landlord Advisor: Scott Aiese - JLL
Loan Type: Acquisition Loan

The loan for this transaction was provided by Madison Realty Capital, with Josh Zegen representing the lender. M Development, led by Brandon Tarpey, acted as the landlord in this deal. Scott Aiese from JLL supported the landlord as an advisor. The loan amount for this acquisition was $30,000,000.

Players

All
2

Agents
1
Agencies
1

Scott Aiese

Managing Director

$385M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Brandon Tarpey, Josh Zegen & Scott Aiese DATE: 09/23/2021 ADDRESS: 900-1100 Fifth Avenue South MARKET: Naples ASSET TYPE: Development Site ~ ACRES: 4.27 LENDER: Madison Realty Capital (@MadisonRealtyCapital) - Josh Zegen (@JZegen) LANDLORD: M Development - Brandon Tarpey LANDLORD ADVISOR: Scott Aiese - JLL LOAN AMOUNT: $30,000,000 LOAN TYPE: Acquisition Loan

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Address900-1100 Fifth Avenue South

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