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Origin By Artefacto Secures $30.5M Construction Loan For Condo At 9760 West Bay Harbor Drive

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FINANCED
$30,500,000

Florida

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Condo
Financed 06/16/2025
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Property Image
FINANCED

Origin By Artefacto Secures $30.5M Construction Loan For Condo At 9760 West Bay Harbor Drive

9760 West Bay Harbor Drive

See Similar Deals
Condo
Financed 06/16/2025
Contact now

Summary

FLORIDA
Asset Type:Condo
Transaction Type:Loan

The asset involved in this transaction is a condo located at 9760 West Bay Harbor Drive in the Bay Harbor Islands market. The property is associated with a loan amount of $30,500,000 and is classified as a construction loan.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $30,500,000
  • Loan Type: Construction
  • Landlord: Origin by Artefacto
  • Brokers: Nexos Invest, Carlos Vazquez, Gaston Schneider, Mauricio Ordoñez

The transaction features key individuals representing the deal, specifically Carlos Vazquez, Gaston Schneider, and Mauricio Ordoñez, all from Nexos Invest. These brokers played a significant role in facilitating the loan for the condo development project.

Players

Mauricio Ordoñez
7 deals$84.6M volume
BROKER

Gaston Schneider
Q Kapital Group
8 deals$91.9M volume(305) 504-1878
BROKER

Carlos Vázquez
Nexos Invest
7 deals$91.6M volume(305) 846-0214
BROKER

Nexos Invest
LENDER

Details

FINANCED
IMAGE: Carlos Vazquez, Mauricio Ordoñez & Gaston Schneider DATE: 06/16/2025 ADDRESS: 9760 West Bay Harbor Drive MARKET: Bay Harbor Islands ASSET TYPE: Condo LANDLORD: Origin by Artefacto BROKERS: Nexos Invest (@NexosInvest), Carlos Vazquez (@carlosvazquez.fl), Gaston Schneider (@gesmiami) and Mauricio Ordoñez (@mauricioordonezz) LOAN AMOUNT: $30,500,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$30,500,000.00

Monthly NOI$203,333.33
Monthly Debt Service$192,780.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00