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David-Emmanuel Cohen Of Madar Group USA Secures $26.7M Construction Loan From Tony Slim At Banco Inbursa

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FINANCED
$26,700,000

Florida

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Development Site18,000 SF
Financed 10/03/2025
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Property Image
FINANCED

David-Emmanuel Cohen Of Madar Group USA Secures $26.7M Construction Loan From Tony Slim At Banco Inbursa

1007 Links Dr

See Similar Deals
Development Site18,000 SF
Financed 10/03/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$1,483
Total Square Footage:18,000 SF
Transaction Type:Loan

The development site located at 1007 Links Drive in Miami Beach encompasses 18,000 square feet and is set on a double lot of 27,000 square feet, providing unobstructed oceanfront views. Madar Group USA, led by CEO David-Emmanuel Cohen, has secured a construction loan of $26,700,000 for this asset. The flagship Mega Mansion on Fisher Island is scheduled for completion in the third quarter of 2027.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $26,700,000
  • Lender: Tony Slim – Banco Inbursa
  • Landlord: David-Emmanuel Cohen - Madar Group USA
  • Attorneys: Daniel Rothman - Rothman Law

This transaction features significant involvement from David-Emmanuel Cohen and Tony Slim, highlighting their roles in securing financing for high-end real estate development. The deal is complemented by the expertise of Daniel Rothman from Rothman Law, who represents the legal interests in this construction loan agreement.

Players

Banco Inbursa
Banco Inbursa
LENDER
Banco Inbursa
Banco Inbursa
LENDER
DC
David-Emmanuel Cohen
6 deals$220.7M volume
LANDLORD

Details

FINANCED
IMAGE: David-Emmanuel Cohen & Tony Slim DATE: 10/03/2025 ADDRESS: 1007 Links Drive MARKET: Miami Beach ASSET TYPE: Development Site ~ SF: 18,000 LENDER: Tony Slim – Banco Inbursa (@Inbursa) LANDLORD: David-Emmanuel Cohen (@DavidemCohen) - Madar Group USA (@MansionsonFisher) ATTORNEYS: Daniel Rothman - Rothman Law LOAN AMOUNT: $26,700,000 LOAN TYPE: Construction NOTE FROM LANDLORD: Madar Group USA, under the leadership of CEO David-Emmanuel Cohen, has successfully secured a $26.7M construction loan to bring to life its flagship Mega Mansion on Fisher Island (@mansionsonfisher). Scheduled for completion in Q3 2027, this ultra-prime estate will encompass 18,000 square feet of meticulously designed living space, set on a rare 27,000 square-foot double lot with unobstructed oceanfront views. As one of the most exclusive residential offerings in Miami, the property represents the pinnacle of luxury, privacy, and architectural distinction.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$26,700,000.00

Monthly NOI$178,000.00
Monthly Debt Service$168,762.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00