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Joe Moser & Mark Simon Of Benmark Capital Provide $6.3M Refinance For Miami Development Site

Property Image
FINANCED
$6,300,000
Yossi Koschitzki
Isaac Filler
Michael Neumann
+ 1

Florida

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Development Site17,969 SF
Financed 05/28/2025
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Property Image
FINANCED

Joe Moser & Mark Simon Of Benmark Capital Provide $6.3M Refinance For Miami Development Site

1315 Northeast Miami Court

See Similar Deals
Development Site17,969 SF
Financed 05/28/2025
Yossi Koschitzki
Isaac Filler
Michael Neumann
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$350
Total Square Footage:17,969 SF
Transaction Type:Loan

The asset involved is a development site located at 1315 Northeast Miami Court in Miami, covering a total area of 17,969 square feet. The refinance for this property amounts to $6,300,000, enhancing its potential in a prime location.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $6,300,000
  • Address: 1315 Northeast Miami Court
  • Market: Miami
  • Asset Size: 17,969 SF
  • Loan Type: Refinance
  • Lender: Joe Moser & Mark Simon - Benmark Capital
  • Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital

This refinance positions the Signature Park Arts Site for its next chapter as a transformative development in a rapidly growing area. The deal prominently involves Joe Moser and Mark Simon from Benmark Capital as lenders, while brokers Isaac Filler, Yossi Koschitzki, and Michael Neumann from Filler Capital facilitate the transaction.

Players

Isaac Filler
Filler Capital
Isaac Filler
77 deals$1.7B volume
BROKER
Yossi Koschitzki
Filler Capital
Yossi Koschitzki
63 deals$1.3B volume
BROKER
Michael Neumann
Filler Capital
Michael Neumann
35 deals$516.7M volume(516) 367-0440
BROKER
MS
Mark Simon
7 deals$109.7M volume
LENDER
Benmark Capital
Benmark Capital
LENDER

Details

FINANCED
IMAGE: Michael Neumann, Joe Moser, Isaac Filler, Mark Simon & Yossi Koschitzki DATE: 5/29/2025 ADDRESS: 1315 Northeast Miami Court MARKET: Miami ASSET TYPE: Development Site ~ SF: 17,969 LENDER: Joe Moser & Mark Simon - Benmark Capital BROKERS: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital LOAN AMOUNT: $6,300,000 LOAN TYPE: Refinance NOTE FROM BROKER: Filler Capital LLC is pleased to announce the successful refinance of the Signature Park Arts Site, a premier redevelopment opportunity in the heart of Miami. Adjacent to the future Signature Bridge Park, this site sits at the intersection of Miami’s most vibrant neighborhoods — including Wynwood, Edgewater, Brickell, and Downtown — and within close proximity to major destinations such as Miami Worldcenter and the Brightline Station. This refinance positions the asset for its next chapter as a transformative, skyline-defining development in one of Miami’s most exciting growth corridors. 👉 Please visit our website: https://fillercapital.com/

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$6,300,000.00

Monthly NOI$42,000.00
Monthly Debt Service$39,820.29
Change in Cash Flow$0.00
Refinance Proceeds$0.00