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David Martin And Getzy Fellig Secure $410 Million Construction Loan For The WELL Coconut Grove

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FINANCED
$410,000,000
Dustin Stolly
Keith Kurland
+ 7

Florida

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Condo387,826 SF
Financed
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David Martin And Getzy Fellig Secure $410 Million Construction Loan For The WELL Coconut Grove

2835 Tigertail Avenue

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Condo387,826 SF
Financed
Dustin Stolly
Keith Kurland
+ 7
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1057
Total Square Footage:387826 SF
Transaction Type:Loan

The WELL Coconut Grove is a condo located at 2835 Tigertail Avenue in the Miami market. The total asset comprises 387,826 square feet and is involved in a construction loan transaction amounting to $410,000,000.

Summary of transaction details:

This transaction features key involvement from various parties, including lender Adi Chugh representing TYKO Capital, and landlords David Martin from Terra and Getzy Fellig from AB Asset Management. The brokerage team from Walker & Dunlop includes eight professionals, each contributing to the successful execution of the loan transaction.

Players

Aaron Appel
175 deals$27.9B volume
BROKER

Dustin Stolly
Walker & Dunlop
253 deals$47.4B volume
BROKER

Jonathan Schwartz
Walker & Dunlop
151 deals$23.4B volume
BROKER

Keith Kurland
Walker & Dunlop
157 deals$25.3B volume
BROKER

Adam Schwartz
Walker & Dunlop
148 deals$21.9B volume(646) 491-8869
BROKER

Sean Reimer
Walker & Dunlop
37 deals$6.3B volume(646) 221-6437
BROKER

Jordan Casella
Walker & Dunlop
16 deals$3.3B volume
BROKER

Christopher de Raet
Walker & Dunlop
20 deals$3.8B volume(240) 328-2590
BROKER

Jason Schwartzberg
Walker & Dunlop
2 deals$458.5M volume
BROKER

Walker & Dunlop
BROKERAGE



Details

FINANCED
IMAGE: Getzy Fellig, David Martin, Adi Chugh, Jonathan Schwartz, Aaron Appel, Keith Kurland, Sean Reimer, Adam Schwartz, Jordan Casella, Dustin Stolly, Christopher de Raet & Jason Schwartzberg DATE: 01/26/2026 ADDRESS: 2835 Tigertail Avenue - The WELL Coconut Grove MARKET: Miami ASSET TYPE: Condo ~ SF: 387,826 LENDER: Adi Chugh - TYKO Capital LANDLORD: David Martin (@DavidMartinTerra) - Terra (@TerraGroupMiami); Getzy Fellig - AB Asset Management BROKERS: Keith Kurland (@KaKurland), Aaron Appel, Jonathan Schwartz (@JSchwa1386), Adam Schwartz (@AdamSchwartz88), Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet & Jason Schwartzberg (@JRSchwartzberg) - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $410,000,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$410,000,000.00

Monthly NOI$2,733,333.33
Monthly Debt Service$2,591,478.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00