Bank OZK Provides $45M Construction Loan For 228-Unit Condo In Miami | 3100 Northeast 1st Avenue | Bank OZK | Jimmy Calvo, Brian Gaswirth | Condo | Loan

Summary

Loan

FLORIDA

Condo

The property involved in this transaction is a condo located at 3100 Northeast 1st Avenue in Miami. It consists of 228 units and is being developed by Carlos Rosso of Rosso Development and Midtown Development. The loan for this project has been provided by Bank OZK in the form of a construction loan in the amount of $45,045,000.

Summary of transaction details

Property Type: Condo
Transaction Amount: $45,045,000
Address: 3100 Northeast 1st Avenue
Market: Miami
Units: 228
Lender: Bank OZK
Developers: Carlos Rosso - Rosso Development & Midtown Development

In this deal, the developer's representatives are Brian Gaswirth and Jimmy Calvo from JLL. They have played a crucial role in facilitating the loan and ensuring the smooth progress of the project.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Jimmy Calvo

Capital Markets Associate

Details

Deal Summary

FINANCED

IMAGE: Brian Gaswirth, Carlos Rosso & Jimmy Calvo DATE: 11/24/2023 ADDRESS: 3100 Northeast 1st Avenue MARKET: Miami ASSET TYPE: Condo ~ UNITS: 228 LENDER: Bank OZK (@BankOZK) DEVELOPERS: Carlos Rosso - Rosso Development & Midtown Development (@Midtown.Dev) DEVELOPER'S REP: Brian Gaswirth (@BGassy) & Jimmy Calvo (@JCalvo1993) - JLL (@JLL) LOAN AMOUNT: $45,045,000 LOAN TYPE: Construction Loan

View on map

Address3100 Northeast 1st Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want