facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

Miami, Florida

Lucy Guo Acquires Miami Condo From Louis Birdman, Gilberto Bomeny, Kevin Venger, Gregg Covin & Todd Michael Glaser For $6.7M
SOLDCondo

Lucy Guo Acquires Miami Condo From Louis Birdman, Gilberto Bomeny, Kevin Venger, Gregg Covin & Todd Michael Glaser For $6.7M

Miami, Florida

$6,700,000

Building Size

Asset Type

Condo

Closing

Jan 7, 2022

AI

A condo located in Miami has been sold for a price of $6,700,000. The deal was finalized on 01/07/2022 with Lucy Guo, the founder of Scale AI & Backend Capital, purchasing the property.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $6,700,000
  • Market: Miami
  • Buyer: Lucy Guo - Scale AI & Backend Capital
  • Seller: Louis Birdman, Gilberto Bomeny, Kevin Venger, Gregg Covin & Todd Michael Glaser
  • Buyer's Representative: Brandon Perdeck - First Colonial Realty
  • Image: Lucy Guo
  • Date: 01/07/2022

The sellers in this transaction were Louis Birdman, Gilberto Bomeny, Kevin Venger, Gregg Covin, and Todd Michael Glaser. The buyer's representative, Brandon Perdeck from First Colonial Realty, assisted Lucy Guo in the purchase of the property.

Players

Brandon Perdeck

Aries Capital

Broker

$178.6M

vol

12 deals

Broker
Aztec Group
Aztec GroupBrokerage

Kevin Venger

Seller

$29.5M

vol

2 deals

Seller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.37%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93