Russell Galbut's GFO Investments And David Martin's Terra Group Secure $345M Loan For Miami Beach Condo With Lenders Blackstone Group And Apollo Global Management

500 Alton Road, a condo property located in Miami Beach, was involved in a closed transaction. The loan transaction took place on March 24, 2021.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $345,000,000
• Address: 500 Alton Road
• Market: Miami Beach

The lender for this transaction was The Blackstone Group and Apollo Global Management. The landlords involved in the deal were Russell Galbut from GFO Investments and David Martin from Terra Group. The brokers who represented the parties in the transaction were Keith Kurland, Aaron Appel, Jon Schwartz, Adam Schwartz, and Mo Beler from Walker & Dunlop.