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Colliers Brokers Secure $11M Loan For Development Site On SW Second St In Downtown Fort Lauderdale

Southwest Second Street
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This Development Site property located in FL received a loan of $11,000,000 about 2 years ago. The brokers of the deal were Tony Gannacone, Bradley Arendt, and Mika Mattingly

A development site located on SW Second St in Downtown Fort Lauderdale has been involved in a closed transaction. The property, which is part of the market in Downtown Fort Lauderdale, was subject to a loan of $11,000,000.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $11,000,000
  • Address: SW Second St
  • Market: Downtown Fort Lauderdale

The transaction was facilitated by Colliers, with the loan being provided to the property by an undisclosed lender. Bradley Arendt, Tony Gannacone, and Mika Mattingly from Colliers represented the parties involved in the deal.

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Deals
  • Location
    Southwest 2nd Street, Fort Lauderdale, Florida 33301, United StatesSouthwest 2nd Street, Fort Lauderdale, Florida 33301, United States
  • Loan Value
    $11,000,000$11,000,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Tony Gannacone

Tony Gannacone

Deals1
Financed$11M

Agency

Colliers International

Colliers International

Agency
Deals1674
Volume$36.2B

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Deal Summary

LOAN IMAGE: Tony Gannacone, Bradley Arendt & Mika Mattingly DATE: 03/17/2022 ADDRESS: SW Second St MARKET: Downtown Fort Lauderdale ASSET TYPE: Development Site BROKERS: Bradley Arendt, Tony Gannacone, & Mika Mattingly - Colliers LOAN AMOUNT: $11,000,000

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Southwest Second Street

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