LV Lending Provides $16.5M Construction Loan For North Miami Beach Multifamily Property
FINANCED
Florida
See Similar DealsFinanced 07/28/2022
FINANCED
LV Lending Provides $16.5M Construction Loan For North Miami Beach Multifamily Property
4098 NE 167th St
See Similar DealsFinanced 07/28/2022
Summary
FLORIDA
Transaction Type:Loan
A multifamily property located at 4098 NE 167th St in North Miami Beach has recently undergone a closed transaction. The property consists of 10 units and spans across 26,773 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $16,500,000
- Market: North Miami Beach
- Address: 4098 NE 167th St
- Units: 10
- Square Footage: 26,773
LV Lending, represented by Camilo Niño, Ricardo Uribe, and Alen Hernandez, provided a construction loan of $16,500,000 for this property. The landlord of the property is Macken Companies, represented by Alan S. Macken.
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30 years
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Debt Service Coverage Ratio (DSCR)
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Max Loan Amount
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Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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