Moore Development Group Secures $10.15 Million Bridge Loan From Benmark Capital For Condo In Fort Lauderdale

The asset involved in this transaction is a condo located at 2317 North Ocean Boulevard in the Fort Lauderdale market. The loan amount associated with the property is $10,150,000, structured as a bridge loan with a term of 18 months.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $10,150,000
• Lender: Mark Simon & Joe Moser - Benmark Capital
• Landlord: Moore Development Group
• Loan Type: Bridge
• Loan Terms: 18 months

Key individuals involved in the deal include Mark Simon and Joe Moser, who represent Benmark Capital. The landlord for this transaction is Moore Development Group, responsible for overseeing the property management aspects associated with this condo.