RMWC Provides $15 Million Refinance For Development Site In Miami Represented By Berkadia

The asset involved in this transaction is a development site located at 1601 North Miami Avenue in the Miami market. A refinance loan of $15,000,000 was secured, structured as a three-year, floating-rate loan.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,000,000
• Lender: RMWC
• Loan Type: Refinance
• Loan Terms: Three-year, floating-rate loan
• Brokers: Scott Wadler, Mitch Sinberg, Brad Williamson & Matthew Robbins - Berkadia

The key individuals involved in this transaction include Scott Wadler, Mitch Sinberg, Brad Williamson, and Matthew Robbins, all of whom are representatives from Berkadia who facilitated the loan process. Their role was crucial in securing the refinancing for the development site in Miami.