T-Max Lending LLC Closes $36.2 Million Loan for Greenhouse Cultivation Development in Volusia County, Florida.
- Mason Simmons
- Jan 5
- 2 min read
Updated: 6 days ago
Port Orange, FL T-Max Lending LLC announced the successful closing of a $36.2 million loan to finance the development of a 4.5-acre greenhouse cultivation facility located in Port Orange, Volusia County, Florida.The project is situated within a well-established industrial corridor, just north of Parktown Industrial Park, and in close proximity to the Space Coast Commerce Park. The site benefits from direct access to major transportation routes, nearby utilities, and an experienced regional workforce, making it well-suited for large-scale controlled-environment agricultural operations. Its location within the greater Port Orange–Daytona Beach industrial zone provides logistical efficiency while maintaining separation from residential density. The loan carries an interest rate of 11.2% with a 36-month term, structured to support construction, stabilization, and operational execution of the facility.
The borrower emphasized the importance of execution certainty in this transaction. After receiving a commitment from a prior lender that ultimately could not be executed, the sponsor was left with limited time to secure financing. With deadlines approaching, the borrower engaged T-Max Lending LLC, which successfully underwrote and closed the transaction in just over three weeks. According to the borrower, the ability to move decisively and close within a compressed timeframe was critical to keeping the project on track.
The transaction was led by Sandra Weaver, Mason Simmon, and Jackson Valerie, whose coordinated efforts enabled an efficient underwriting and closing process. Both Sandra and Mason noted the exceptional responsiveness and cooperation of the broker and borrower, emphasizing that the transaction was executed on an accelerated timeline at the sponsor’s request. Clear communication and decisive execution were key factors in achieving a timely close.
“T-Max Lending LLC moves decisively on well-structured opportunities (Cannabis loan), a clear development plan, and aligned expectations allowed this deal to close efficiently without compromising underwriting discipline, the deal underscores our ability to execute under pressure,” said Jackson, Vice President. “When timelines are tight and certainty matters, disciplined underwriting paired with decisive action makes the difference.” He added.
T-Max Lending LLC continues to focus on providing tailored financing solutions for complex real estate and specialty-use developments across the United States, prioritizing clarity, execution certainty, and capital protection.
