Updated Aug 20, 2026
Bert R. Dweck Of Hirshmark Capital Provides $4.85M Refinance Loan For 1130 100th Street
1130 100th Street
$4,850,000
$215/SF
Building Size
22,500 SF
Asset Type
Development Site
Closing
Mar 10, 2025
About this deal
AI
The property asset involved in this transaction is a development site located at 1130 100th Street in Bay Harbor Islands, FL. The asset has a square footage of 22,500 and is involved in a refinancing transaction.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,850,000
- Lender: Bert R. Dweck - Hirshmark Capital
- Broker: Max Ralby - Newmark
- Loan Type: Refinance
Bert R. Dweck represents Hirshmark Capital as the lender in this transaction, while Max Ralby represents Newmark as the broker facilitating the deal.
Players
Bay Harbor Islands 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
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93