Marty Caparros Jr. & Alexander Ruiz Secure $11.5M Loan From Mint12 Income 3 LLC For Development Site

The property involved in the transaction is a 0.89-acre development site located at 4260 Davie Road in Davie, which will feature 48 workforce apartments and 5,208 square feet of retail space across two buildings. The site is being developed into a mixed-use apartment project known as Main Street Place.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $11,500,000
• Lender: Mint12 Income 3 LLC
• Landlord: Marty Caparros Jr. & Alexander Ruiz - Prestige Builders
• Loan Type: Construction
• Market: Davie

Key individuals involved in this transaction include Marty Caparros Jr. and Alexander Ruiz, who represent Prestige Builders as landlords for the project. Construction is scheduled to commence in January 2026, marking a significant development initiative in downtown Davie.