$8,000,000 Construction Financing Secured for Land Property in Wellington, FL
Apr 15, 2026 Private Money
Deal Summary
Tuttle Royal Lender Llc, a private party lender, recorded a $8,000,000 construction mortgage crossing ten Wellington parcels of the Main Street at Tuttle Royale development, anchored by 10567 Acme Road. The loan was executed April 15, 2026 and recorded April 21, 2026 in Palm Beach County under document 141391 (APN 72-41-43-36-13-001-0003), crossed against nine additional parcels. County records list the owner as Main Street At Tuttle Royale Llc.
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Transaction Details
- Closing Date
- Apr 15, 2026
- Loan Amount
- $8,000,000
- Loan Type
- Private Money
- Loan Purpose
- Construction
- Capital Type
- Senior Debt
- Asset Type
- Land
- Source
- County record
Property
- Address
- 10567 Acme Rd
- City, State
- Wellington, FL
- Market
- Palm Beach
Property Facts
- Lot Size
- 108,900 sq ft (2.50 ac)
- Zoning
- AR
- Subtype
- Commercial Vacant Land
- Floor Area Ratio
- 0.00
Sale History
Last sold Apr 15, 2026. Prior owner TLH-26 GILES LLC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 21, 2026 | TUTTLE ROYAL LENDER LLC | $8,000,000 | Mortgage | CONVENTIONAL |
| Apr 21, 2026 | FUSE 18 LLC | $40,000,000 | Mortgage | PRIVATE PARTY LENDER |
| May 29, 2018 | LION FIN'L | $2,000,000 | Mortgage | CONVENTIONAL |
| Jun 6, 2007 | WASHINGTON MUTUAL BK FA | $145,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.