Jaymor Group Acquires Development Site In Daytona Beach For $19M Loan With LV Lending

An $19,000,000 loan was secured for the development site located at 135 E. International Speedway Blvd. in Daytona Beach. The loan was provided by LV Lending, with Camilo Niño, Ricardo Uribe, and Alen Hernandez acting as lenders. The property spans 11 acres and is owned by The Jaymor Group.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $19,000,000
• Address: 135 E. International Speedway Blvd.
• Market: Daytona Beach

The loan was facilitated by the lenders from LV Lending, namely Camilo Niño, Ricardo Uribe, and Alen Hernandez. They acted as the representatives for the borrowers in this deal. The Jaymor Group, as the landlord, secured the loan to further develop the 11-acre site situated at 135 E. International Speedway Blvd. in Daytona Beach.