Mast Capital Acquires Condo In Miami For $600M Construction Loan

The property involved in this loan transaction is a Condo with 4,105 units located at 1420 South Miami Avenue in Miami. The loan amount for this transaction is $600,000,000, and it is classified as a Construction Loan.

Summary of transation details

• Property Type: Condo
• Transaction Amount: $600,000,000
• Loan Type: Construction Loan
• Lender: Javier Foncerrada Izquierdo - Banco Inbursa
• Lender's Representatives: Russell Gimelstob, Alex Halpern & Eric Calder - Ascendant Capital Partners
• Landlord: Camilo Miguel Jr. & Jordan Kornberg - Mast Capital
• Landlord's Representatives: Jordan Roeschlaub, Nick Scribani & Dustin Stolly - Newmark

The loan transaction involves multiple parties. The lender for this transaction is Javier Foncerrada Izquierdo from Banco Inbursa. Additionally, Russell Gimelstob, Alex Halpern, and Eric Calder from Ascendant Capital Partners are also involved in the lending process. On the other hand, Camilo Miguel Jr. and Jordan Kornberg represent the landlord, Mast Capital, in this deal. The landlord's representatives are Jordan Roeschlaub, Nick Scribani, and Dustin Stolly from Newmark.