BAM Development & Ascendra Capital Secures $60 Million Construction Loan For Condo Development In Coral Gables
Florida
See Similar DealsBAM Development & Ascendra Capital Secures $60 Million Construction Loan For Condo Development In Coral Gables
1715 Southwest 37th Avenue
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The asset involved in this transaction is a condo development located at 1715 Southwest 37th Avenue in Coral Gables. This property consists of 117 units and is associated with a construction loan amounting to $60,000,000.
Summary of transaction details:
- Property Type: Condo Development
- Transaction Amount: $60,000,000
- Market: Coral Gables
- Lender: David Scheer, Alex Izso, Jack Baron & Dustin Braham - Dwight Mortgage Trust
- Landlord: BAM Development & Ascendra Capital
- Brokers: Isaac Filler & Steven Edelstein - Filler Capital
The deal includes prominent individuals such as David Scheer, who can be contacted for any loan inquiries at [email protected]. The lenders are represented by a group including Jack Baron and Dustin Braham, while the landlords are represented by BAM Development and Ascendra Capital.
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