Related Group And Atla Developers Secure $239.4M Construction Loan For Miami Condo On Biscayne Boulevard | 1400 Biscayne Boulevard | Cain International | Dustin Stolly, Jordan (Jordy) Roeschlaub | Condo | Loan

Summary

Loan

FLORIDA

Condo

The property involved in this transaction is a condominium located at 1400 Biscayne Boulevard in Miami. The asset type is a condo, and it was acquired as part of a closed deal.

Summary of transaction details

Property Type: Condo
Transaction Amount: $239,400,000
Address: 1400 Biscayne Boulevard
Market: Miami

The lenders involved in this deal were Cain International, represented by Jonathan Goldstein, and Eldridge, represented by Todd Boehly. The loan amount for the transaction was $239,400,000, and the loan type was construction.

The landlords in this transaction were Related Group, represented by Jorge Perez, JP Perez, and Nick Perez, as well as Atla Developers, represented by Henry Pino. The landlord's representatives were Dustin Stolly and Jordan Roeschlaub from Newmark.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Dustin Stolly

Co-President, Debt & Structured Finance

$5.1B Sold

Jordan (Jordy) Roeschlaub

Co-President, Debt & Structured Finance

$4.8B Sold

Newmark

Cain International

Details

Deal Summary

FINANCED

IMAGE: Jonathan Goldstein, Nick Perez, Jordan Roeschlaub, Jorge Perez, Dustin Stolly, JP Perez & Todd Boehly DATE: 11/15/2023 ADDRESS: 1400 Biscayne Boulevard MARKET: Miami ASSET TYPE: Condo LENDER: Cain International - Jonathan Goldstein; Eldridge - Todd Boehly LANDLORD: Related Group (@Related_Group) - Jorge Perez, JP Perez, Nick Perez LANDLORD'S REP: Dustin Stolly & Jordan Roeschlaub (@JordyRoeschlaub) - Newmark (@Newmark) LOAN AMOUNT: $239,400,000 LOAN TYPE: Construction

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Address1400 Biscayne Boulevard

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