Alex Guerrero's 3100 North Bay Road LLC Secures $22.31 Million Construction Loan In Miami Beach
FINANCED
Florida
See Similar DealsFinanced 08/28/2025
FINANCED
Alex Guerrero's 3100 North Bay Road LLC Secures $22.31 Million Construction Loan In Miami Beach
3100 North Bay Rd
See Similar DealsFinanced 08/28/2025
Summary
FLORIDA
Transaction Type:Loan
The transaction involves a development site located at 3100 North Bay Road in Miami Beach. The loan amount secured for this property is $22,310,000, categorized as a construction loan.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $22,310,000
- Lender: Albert Arisso & Frank Hermosa - Vertix Group
- Borrower: Alex Guerrero - 3100 North Bay Road LLC
- Broker: Laszlo Fazekas
- Loan Type: Construction
Albert Arisso and Frank Hermosa represent the lender, Vertix Group, in this transaction. The borrower, Alex Guerrero, is associated with the entity known as 3100 North Bay Road LLC, facilitating the loan agreement for the development site.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
0.00x
Max Loan Amount
$0.00
Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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