S3 Capital Partners Provides $112 Million Construction Loan For Multifamily Project In Hallandale Beach

The asset involved in this transaction is a multifamily property located in Hallandale Beach, FL, encompassing a total square footage of 375,929. The loan amount for this transaction is $112,000,000, which is allocated for construction purposes with a term of 36 months.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $112,000,000
• Market: Hallandale Beach, FL
• Loan Type: Construction
• Loan Terms: 36 Months
• Lender: Robert Schwartz & Steven Jemal (S3 Capital Partners)
• Brokers: Emile Schachter (WD Capital Group) & Jose Degwitz (Ordeg Capital)

Key individuals in the transaction include Robert Schwartz and Steven Jemal, who are associated with S3 Capital Partners as lenders. Emile Schachter from WD Capital Group and Jose Degwitz from Ordeg Capital acted as brokers in the deal, providing the necessary expertise for the transaction.