Madison Realty Capital Provides $400M Construction Loan For Miami Beach Development Site

The development site located at 6 Fisher Island Drive in Miami Beach was involved in a recent transaction. The property served as the collateral for a $400,000,000 construction loan provided by Madison Realty Capital.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $400,000,000
• Address: 6 Fisher Island Drive
• Market: Miami Beach
• Lender: Madison Realty Capital
• Landlord: Nick Perez & John Paul Perez - Related Group, Yizhak Toledano - BH Group
• Brokers: Scott Wadler, Michael Basinski, Patrick Johnson, Mitch Sinberg, Brad Williamson & Matthew Robbins - Berkadia
• Loan Type: Construction Loan

The transaction involved key individuals such as Michael Basinski, Matthew Robbins, Patrick Johnson, Mitch Sinberg, Scott Wadler, Brad Williamson, John Paul Perez, Yizhak Toledano, Nick Perez, Zach Rosen & Ben Gerber. The Berkadia team, comprised of Scott Wadler, Michael Basinski, Patrick Johnson, Mitch Sinberg, Brad Williamson & Matthew Robbins, facilitated the deal as brokers representing the parties involved.