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900 Brickell Key Blvd

Winston Capital Provides $5.375M Refinancing Loan For Condo At 900 Brickell Key Blvd In Miami
FINANCEDCondo

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

David Burstyn

Winston Capital Management

Broker

$694.4M

vol

37 deals

Broker
Winston Capital Management
Winston Capital ManagementLender

Boris Brault

Landlord

$13.1M

vol

2 deals

Landlord

Miami Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

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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