MIAMI (April 29, 2022)–LV Lending, a local private lender focused on bridge loans for commercial and residential investment properties and developments and Linkvest Capital lending affiliate, has provided a $11 million refinancing package for Seahorse Cottages, a 20-unit single-family home community located at 115-171 Cambria Lane in Naples, FL. The financing was arranged by Camilo Niño, Ricardo Uribe, and Alen Hernandez of Linkvest Capital, on behalf of the borrower, Wyands Construction managed by Sidney Hubschman. Closing took place April 28th.
“We are proud to have played a role in the recapitalization of this community and serve as the financial partner to Mr. Hubschman and his team,” stated Camilo Niño, Founder & CEO Linkvest Capital. “The Hubschman family is known as one of the original developers in Naples and has delivered over 5,000 units with a large portfolio of custom single-family homes, country clubs, and more. We look forward to building a long-term partnership with them.”
Seahorse Cottages is an Olde Florida-style coastal contemporary development featuring one- and two-story residences ranging in size from 3,400 to 4,200 square feet. The project is situated on 3.77 acres in a private enclave and surrounded by two newly renovated golf courses. The community is conveniently located five minutes from the beautiful beaches and historic downtown area.
The project is under construction and sold out. Developer Wyands Building Corporation is on track to start delivering the community in June 2022.
About LV Lending
LV Lending is a Miami-based private lender focused on bridge loans for commercial and residential investment properties and developments. The company has a current servicing portfolio of nearly $300 million and has overseen more than 550 transactions for $600 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, Linkvest Properties, LV Development and Milenio. For more information on LV Lending, call (305) 523-6576, email at [email protected] or visit www.lvlending.com. NMLS # 1291885.