Bank OZK Provides $128.3M Loan For Miami Condo Development By OKO Group And Cain International

174 Southeast 25th Road, Miami, FL 33129, USA

$128,300,000

$65,930/SF

Building Size

1,946 SF

Asset Type

—

Closing

Apr 19, 2021

AI

A $128,300,000 loan has been secured for a condo located at 174 SE 25th Road in Miami. The loan was provided by Bank OZK. The condo consists of 135 units and is owned by OKO Group, represented by Vladislav Doronin, and Cain International, represented by Jonathan Goldstein.

Summary of transaction details

Property Type: Condo
Transaction Amount: $128,300,000
Address: 174 SE 25th Road
Market: Miami
Lender: Bank OZK
Landlords: OKO Group - Vladislav Doronin; Cain International - Jonathan Goldstein
Brokers: Keith Kurland, Aaron Appel, Adam Schwartz, Michael Diaz & Sean Bastian - Walker & Dunlop
Units: 135

The deal was facilitated by brokers Keith Kurland, Aaron Appel, Adam Schwartz, Michael Diaz, and Sean Bastian from Walker & Dunlop. They played a key role in negotiating and finalizing the loan for the condo property.