Daily limit: 0/10
Robert Thorne Of Urban Network Capital Group Secures $30M Construction Loan For Visions At Brickell Station
FINANCED
$30,000,000
Florida
See Similar DealsDevelopment Site14,250 SF
Financed 09/23/2025
FINANCED
Robert Thorne Of Urban Network Capital Group Secures $30M Construction Loan For Visions At Brickell Station
1120 Southwest 3rd Avenue
See Similar DealsDevelopment Site14,250 SF
Financed 09/23/2025
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$2,105
Total Square Footage:14,250 SF
Transaction Type:Loan
The asset involved in this transaction is a development site located at 1120 Southwest 3rd Avenue in the Miami market. The property spans a square footage of 14,250 and is part of a condominium-hotel project known as Visions at Brickell Station.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $30,000,000
- Loan Type: Construction
- Landlord: Robert Thorne - Urban Network Capital Group
- Market: Miami
- Asset Square Footage: 14,250
Robert Thorne, representing Urban Network Capital Group, secured a $30 million construction loan from Arixa Enhanced Income Fund. The project aims to offer 110 units, with prices starting at $500,000 and restrictions on owner stays limited to 30 days annually. Groundbreaking for this project commenced in May.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$30,000,000.00
Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions