R4 Capital Provides $150M Loan For Development Site In Miami

A development site located at 249 NW 6th Street in Miami has been involved in a recent transaction. The property, with a square footage of 1,400,000, attracted attention in the market.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $150,000,000
• Loan Amount: $150,000,000
• Loan Terms: Four-year loan
• Address: 249 NW 6th Street, Miami
• Lender: R4 Capital
• Landlord: Swerdlow Group, SJM Partners, and Alben Duffie
• Brokers: Charles Penan, Ezra Katz, and Joel Zusman - Aztec Group

Notable individuals and companies involved in the deal include Charles Penan, Ezra Katz, and Joel Zusman from the Aztec Group, who represented the parties. Their expertise and negotiation skills played a crucial role in finalizing the transaction.