Eduardo Cohen Of RBI Private Lending Provides $3.48M Refinance Loan For Miami Condo
FINANCED
$3,480,000
Florida
See Similar DealsCondo4,600 SF
Financed 02/13/2026
FINANCED
Eduardo Cohen Of RBI Private Lending Provides $3.48M Refinance Loan For Miami Condo
1000 Biscayne Boulevard
See Similar DealsCondo4,600 SF
Financed 02/13/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$756
Total Square Footage:4,600 SF
Transaction Type:Loan
The asset involved in this transaction is a condo located at 1000 Biscayne Boulevard Unit 3802 in the Miami market, encompassing a total of 4,600 square feet. The transaction involved a loan amount of $3,480,000 for the purpose of refinancing the property.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,480,000
- Loan Type: Refinance
- Loan Terms: 18 Months
- Lender: Eduardo Cohen - RBI Private Lending
- Broker/Landlord's Rep: Jhakees Napolitano - Range Mortgage LLC
The transaction was facilitated by Eduardo Cohen representing RBI Private Lending, which is expanding its operations both locally in Miami and nationwide. Jhakees Napolitano from Range Mortgage LLC assisted in the deal as the broker representative for the landlord.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,480,000.00
Monthly NOI$23,200.00
Monthly Debt Service$21,995.97
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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