facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Development Site

/

Loan

/

4th Avenue North

Nexos Invest Secures $7 Million Bridge Loan For Development Site On 4th Avenue North
FINANCEDDevelopment Site

Nexos Invest Secures $7 Million Bridge Loan For Development Site On 4th Avenue North

4th Avenue North

$7,000,000

Building Size

Asset Type

Development Site

Closing

Feb 27, 2026

AI

The asset involved in this transaction is a development site located at 4th Avenue North in St. Petersburg. The loan amount secured for this property is $7,000,000, classified as a bridge loan.

Summary of transaction details:

This deal involves key individuals from Nexos Invest and Q Kapital Group, highlighting the collaborative efforts between the lenders' representatives in securing financing for the development site. Gaston Schneider and Mauricio Ordoñez are both associated with Q Kapital Group, while Carlos Vázquez represents Nexos Invest in this transaction.

Players

Mauricio Ordoñez

Q Kapital Group

Originator

$84.6M

vol

7 deals

Originator

Saint Petersburg Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93