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Humberto Ramirez Of Humberto Ramirez Developers Secures $7.95M Refinance Loan From Jose Godoy Of Vertix Group

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FINANCED
$7,950,000

Florida

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Development Site
Financed 12/19/2025
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FINANCED

Humberto Ramirez Of Humberto Ramirez Developers Secures $7.95M Refinance Loan From Jose Godoy Of Vertix Group

9175 Arvida Drive

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Development Site
Financed 12/19/2025
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Summary

FLORIDA
Asset Type:Development Site
Transaction Type:Loan

The asset involved in this transaction is a development site located at 9175 Arvida Drive in Coral Gables. The property was financed through a refinance loan amounting to $7,950,000.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $7,950,000
  • Lender: Jose Godoy - Vertix Group
  • Landlord: Humberto Ramirez - Humberto Ramirez Developers
  • Loan Type: Refinance
  • Date of Transaction: 12/19/2025

Jose Godoy represented Vertix Group as the lender in this transaction while Humberto Ramirez represented his own development company, Humberto Ramirez Developers, as the landlord facilitating this loan arrangement.

Players

LENDER

Details

FINANCED
IMAGE: Humberto Ramirez & Jose Godoy DATE: 12/19/2025 ADDRESS: 9175 Arvida Drive MARKET: Coral Gables ASSET TYPE: Development Site LENDER: Jose Godoy - Vertix Group (@VertixGroup) LANDLORD: Humberto Ramirez - Humberto Ramirez Developers LOAN AMOUNT: $7,950,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,950,000.00

Monthly NOI$53,000.00
Monthly Debt Service$50,249.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00