David-Emmanuel Cohen Of Madar Group USA Secures $26.7M Construction Loan From Tony Slim At Banco Inbursa
1007 Links Dr
$26,700,000
$1,483/SF
Building Size
18,000 SF
Asset Type
Development Site
Closing
Oct 2, 2025
AI
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
Miami Beach 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
0.59%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93