David Burstyn Of Winston Capital Management Provides $14M Bridge Loan For Fisher Island Oceanfront Condos
Florida
See Similar DealsDavid Burstyn Of Winston Capital Management Provides $14M Bridge Loan For Fisher Island Oceanfront Condos
7812 Fisher Island Drive
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The asset involved in this transaction consists of two combined oceanfront condo units located at 7812 & 7822 Fisher Island Drive in Miami Beach. The total loan amount for the property is $14,000,000, secured through a bridge loan with a term of 18 months. The property is situated in one of the most expensive zip codes in the United States.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $14,000,000
- Lender: David Burstyn - Winston Capital Management
- Loan Type: Bridge
- Loan Terms: 18 months
The deal is represented by David Burstyn from Winston Capital Management, which specializes in business-purpose loans to real estate investors. The company is known for funding best-in-class assets in a matter of days, contrasting with the lengthy processes of traditional banks. Winston Capital engages in transactions ranging from $5 million to $100 million, focusing on easy-to-understand asset classes.
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