Greenfield Family Secures $4 Million Acquisition Loan From Edwin Gelman For Development Site In Miami
FINANCED
$4,000,000
Florida
See Similar DealsDevelopment Site
Financed 04/14/2026
FINANCED
Greenfield Family Secures $4 Million Acquisition Loan From Edwin Gelman For Development Site In Miami
4510 Northeast 2nd Avenue
See Similar DealsDevelopment Site
Financed 04/14/2026
Summary
FLORIDA
Asset Type:Development Site
Transaction Type:Loan
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,000,000.00
Monthly NOI$26,666.67
Monthly Debt Service$25,282.72
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions