Benmark Capital Provides $9.5M Bridge Loan For Coral Gables Development Site

A development site located at 361 Los Pinos Place in Coral Gables has been involved in a closed transaction. The property is a development site with a building square footage (BSF) of 8,305.

Summary of transaction details

• Property Type: Development Site
• Transaction Date: 01/26/2024
• Address: 361 Los Pinos Place, Coral Gables
• Market: Coral Gables
• BSF: 8,305

The lender in this transaction was Benmark Capital, represented by Mark Simon and Joe Moser. The loan amount for the deal was $9,500,000, and it was classified as a bridge loan. The landlord involved in this transaction was Vlada Alexandr.