Winston Capital Provides $5.375M Refinancing Loan For Condo At 900 Brickell Key Blvd In Miami
900 Brickell Key Blvd
$5,375,000
$1,160/SF
Building Size
4,631 SF
Asset Type
Condo
Closing
Dec 22, 2022
AI
An impressive penthouse located at 900 Brickell Key Boulevard PH 4 in Miami has recently undergone a refinancing loan transaction. The property, owned by BKA SKY and represented by Boris Brault, showcases luxurious features and offers stunning views of the city. The loan, provided by Winston Capital Management and facilitated by David Burstyn, amounts to $5,375,000 and has a term of 2 years.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,375,000
- Address: 900 Brickell Key Boulevard PH 4
- Market: Miami
Winston Capital Management, represented by David Burstyn, is the lender in this refinancing loan. BKA SKY, led by Boris Brault, serves as the landlord for this impressive penthouse. Winston Capital specializes in providing business-purpose loans and offers fixed interest rate bridge loans for real estate investors. Their quick closing process and broker protection make them an attractive option for those in need of financial assistance. Interested parties can contact David Burstyn at tel# 305-507-7479 or DM him on Twitter at @davidburstyn.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.95%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93