Mast Capital And BH Group Secures $28.2 Million Loan For Development Site In Miami

The asset involved is a development site located at 2545 South Bayshore Drive in Miami. The transaction pertains to an acquisition with a loan amount of $28,200,000. The loan terms specify a duration of two years.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $28,200,000
• Lender: Jon Gitman & Alex Horn - BridgeInvest
• Landlord: Camilo Miguel Jr. & Jordan Kornberg - Mast Capital; Isaac Toledano - BH Group
• Brokers: Scott Wadler, Mitch Sinberg, Brad Williamson & Matthew Robbins - Berkadia
• Loan Type: Acquisition
• Loan Terms: Two years

The key individuals involved in the transaction include the lenders Jon Gitman and Alex Horn from BridgeInvest, and the landlords Camilo Miguel Jr. and Jordan Kornberg associated with Mast Capital, along with Isaac Toledano from BH Group. The brokerage team consists of Scott Wadler, Mitch Sinberg, Brad Williamson, and Matthew Robbins from Berkadia.