Jonathan Landau Of Landau Properties Secures $74M Loan From 3650 Capital For Development Site

The development site located at 9551 East Bay Harbor Drive in the Bay Harbor Islands market has a buildable square footage of 126,000. A construction loan in the amount of $74,000,000 was secured for the development of this property.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $74,000,000
• Lender: 3650 Capital
• Lender's Representative: Michael Fleischer
• Landlord: Laura & Irwin Tauber - Taubco
• Additional Landlord: Jonathan Landau - Landau Properties
• Debt Brokers: Estreich and Co
• Broker Representatives: Andrew Trench, Brian Gale & Edward Quinon - Cushman & Wakefield

Laura and Irwin Tauber partnered with Jonathan Landau to secure the financing for this project, showcasing collaboration among significant stakeholders in the development process.