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Miami

Updated Nov 17, 2023

FINANCED

Loan Secured For Miami Condo Property

Miami

Building Size

Asset Type

Closing

Apr 7, 2023

About this deal

AI

A loan has been closed for a condo in Miami.

Summary of transaction details

  • Property Type: Condo
  • Loan Amount: $

No additional information is available regarding the property, market, landlord, lender, or brokers involved in the transaction.

Traded’s record for Miami in Miami, Florida covers a commercial loan from 2023. This page is the Miami, Florida file for the Miami commercial financed: pricing, party profiles, and other closed commercial comps from the same Miami sit in the Market section below. Filter that Miami commercial set by closing date to see what else financed near Miami around 2023. Cite this Loan Secured For Miami Condo Property loan when underwriting similar commercial product around Miami, Florida. Nearby Miami commercial closings are linked from the comps tab on this Miami page.

Players

Miami CRE Market Snapshot

Boundary boundary · CRE · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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