COASTLINE MANAGEMENT GROUP ACQUIRES 45 ACRES OF VACANT LAND IN ST. CLOUD FOR $9.5 MILLION

 

LV Lending Arranges $4.75M in Financing

MIAMI (June 18, 2021)–LV Lending, a local private lender focused on residential and commercial investment properties, today announced the closing of $4.75 million in financing for the acquisition of 45 acres of vacant land on E. Bronson Memorial Highway along the east and west sides of Arthur J. Gallagher Boulevard in Saint Cloud, FL. Financing was arranged by Camilo Niño, Ricardo Uribe, and Alen Hernandez of LV Lending on behalf of the borrower, Coastline Management Group LLC, led by Eyal Mehaber.

Coastline Management Group LLC acquired the property from Harmony Retail LLC for $9.5 million and plans to develop a 237,500-square-foot warehouse and 20,000 square feet of commercial space on the site. Closing took place June 17th.

For more information, call LV Lending at (305) 523-6576, email at [email protected] or visit www.lvlending.com.

About LV Lending

LV Lending is a Miami-based private lender focused on investment purpose loans for the acquisition and development of residential, commercial and land projects. The company has a current servicing portfolio of over $200 million and has overseen more than 500 transactions for $400+ million in Florida and Georgia. Founded in 2015, LV Lending prides itself on its team’s approachability, fast closings and high level of transparency. LV Lending is an affiliate of Linkvest Capital and Linkpoint Properties.

For more information on LV Lending, call (305) 523-6576, email at [email protected] or visit lvlending.com

NMLS # 1291885