FINANCEDDevelopment Site
Jesus Adrian Of MayaBuilders Secures $1,577,500 Loan For Development Site In Miami
7500 Southwest 81st Avenue
$1,577,500
Building Size
—
Asset Type
Development Site
Closing
Jun 11, 2026
AI
The asset involved in this transaction is a development site located at 7500 Southwest 81st Avenue in the Miami market. The loan amount for this transaction is $1,577,500.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,577,500
- Lender: Meyer Saffati - Alto Capital
- Landlord: Jose Manuel Ruiz
- Originators: Meyer Saffati & Lilianne Otero - Alto Capital
- Buyer: Jesus Adrian - MayaBuilders
- Buyer & Seller's Rep: Paola Echeverri
The key individuals involved in this transaction include Meyer Saffati and Lilianne Otero, who served as originators for the loan, and Paola Echeverri, representing both the buyer and the seller. Jesus Adrian is the buyer associated with MayaBuilders.
Players
Miami Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.06%
Cash-on-Cash
-2.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93