Forman Capital Provides $54.6M Construction Loan For Miami Condo Development | 1611 Southwest 2nd Avenue | Forman Capital | Condo | Loan

Summary

Loan

FLORIDA

Condo

Located at 1611 Southwest 2nd Avenue in Miami, this property is a condo involved in a recent transaction. The loan amount secured for this asset was $54,559,686, and the loan type was a Construction Loan.

Summary of transaction details:

Property Type: Condo
Transaction Amount: $54,559,686
Lender: Brett Forman, Scott Mehlman, Ty Regnier, and Hellois Scheeres - Forman Capital
Developer: Ricardo Dunin, Arturo Vidal, Juan Carlos Tassara, Eduardo Vargas, Jorge Ruiz, and Martin Bedoya

The deal involved a collaboration between the developers Ricardo Dunin, Arturo Vidal, Juan Carlos Tassara, Eduardo Vargas, Jorge Ruiz, and Martin Bedoya, and the lenders Brett Forman, Scott Mehlman, Ty Regnier, and Hellois Scheeres of Forman Capital.

Players

All
1

Lenders
1

Forman Capital

Details

Deal Summary

FINANCED

IMAGE: Scott Mehlman, Brett Forman, Hellois Scheeres & Ty Regnier DATE: 04/05/2024 ADDRESS: 1611 Southwest 2nd Avenue MARKET: Miami ASSET TYPE: Condo LENDER: Brett Forman (@BrettdForman), Scott Mehlman (@ScottMehlman), Ty Regnier & Hellois Scheeres (@Hellois_Scheeres) - Forman Capital (@FormanCapital) DEVELOPER: Ricardo Dunin, Arturo Vidal (@DonArtu), Juan Carlos Tassara, Eduardo Vargas, Jorge Ruiz & Martin Bedoya LOAN AMOUNT: $54,559,686 LOAN TYPE: Construction Loan

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Address1611 Southwest 2nd Avenue

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