FINANCED
Rieber Development Secures $83.8M Loan For Mixed-Use Development In Aventura
21290 Biscayne Boulevard
Development Site
55,480 SF
55,480 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Development Site
55,480 sqft
A mixed-use development located at 21290 Biscayne Blvd in Aventura has undergone a recent transaction. The property consists of 163 units and spans over an area of 55,480 square feet. The transaction took place on 12/01/2021.
Summary of transaction details
- Property Type: Mixed-use Development
- Transaction Amount: $83,800,000
- Address: 21290 Biscayne Blvd
- Market: Aventura
- Units: 163
- Square Footage: 55,480
The loan for this transaction was provided by BridgeInvest and an overseas lender. Rieber Development, represented by Bernardo Rieber, served as the landlord. The brokers involved in the deal were Jeffrey Donnelly and Dmitry Levkov from Colliers.
The loan amount for this transaction was $83,800,000 and it was classified as a construction and mezzanine loan.
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Details
FINANCED
IMAGE: Jeffrey Donnelly, Bernardo Rieber & Dmitry Levkov
DATE: 12/01/2021
ADDRESS: 21290 Biscayne Blvd
MARKET: Aventura
ASSET TYPE: Mixed-use Development ~ UNITS: 163 ~ SF: 55,480
LENDER: BridgeInvest & An Overseas Lender
LANDLORD: Rieber Development - Bernardo Rieber
BROKERS: Jeffrey Donnelly & Dmitry Levkov - Colliers
LOAN AMOUNT: $83,800,000
LOAN TYPE: Construction & MezzanineView on map
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Address21290 Biscayne Boulevard
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