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1003 Links Dr

Madar Group USA's David-Emmanuel Cohen Secures $18M Construction Loan From Maxim Capital In Miami Beach
FINANCEDDevelopment Site

Madar Group USA's David-Emmanuel Cohen Secures $18M Construction Loan From Maxim Capital In Miami Beach

1003 Links Dr

$18,000,000

Building Size

Asset Type

Development Site

Closing

Jun 12, 2025

AI

The property asset involved in this transaction is a development site located at 1003 Links Dr in the Miami Beach market. The loan amount secured for this property is $18,000,000, classified as a construction loan.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $18,000,000
  • Lender: Adam Glick, Josh Greene & Billy Haber - Maxim Capital
  • Landlord: David-Emmanuel Cohen - Madar Group USA
  • Landlord's Representative: Jonathan Aghravi & Noam Katz - JBA Equities
  • Loan Type: Construction

This transaction includes the notable involvement of Adam Glick, Josh Greene, and Billy Haber from Maxim Capital, who are the lenders for the construction loan. The landlord is represented by Jonathan Aghravi and Noam Katz of JBA Equities, emphasizing their role in facilitating the transaction on behalf of David-Emmanuel Cohen from Madar Group USA.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker
JBA Equities
JBA EquitiesBrokerage
Maxim Capital Group
Maxim Capital GroupLender

David-Emmanuel Cohen

Landlord

$220.7M

vol

6 deals

Landlord

Miami Beach Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93