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1500 Collins Avenue

FINANCEDDevelopment Site

Keyah Real Estate Group & Grup Peralada Landlord Secures $38 Million Refinance Loan In Miami Beach

1500 Collins Avenue

$38,000,000

Building Size

Asset Type

Development Site

Closing

Jun 24, 2026

AI

The property asset involved in the transaction is a development site located at 1500 Collins Avenue in Miami Beach. The loan amount for this refinance transaction is $38,000,000.

Summary of transaction details:

The deal features key individuals such as Adam Glick, Josh Greene, and Joey Dinetz representing Maxim Capital Group as lenders. Keyah Real Estate Group and Grup Peralada serve as landlords, while Jonathan Aghravi and Noam Katz act as brokers from JBA Equities.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

50 deals

Broker
Adam Glick

Adam Glick

Maxim Capital Group

Lender

$1.1B

vol

28 deals

Lender
Maxim Capital Group
Maxim Capital GroupLender

Market Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93