Greenfield Family Secures $4 Million Acquisition Loan From Edwin Gelman For Development Site In Miami

The asset involved in this transaction is a development site located at 4510 Northeast 2nd Avenue in the Miami market, featuring a building square footage of 30,000. The acquisition loan amount is set at $4,000,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,000,000
• Lender: Edwin Gelman - Hirshmark Capital
• Landlord: Greenfield Family
• Landlord's Representative: Emile Schachter - WD Capital Group
• Loan Type: Acquisition

The key individuals facilitating this transaction include Edwin Gelman, who serves as the lender through Hirshmark Capital, and Emile Schachter, representing the landlord, the Greenfield Family, as part of WD Capital Group.