Linkvest Capital Provides $34.375M Refinance Loan For Development Site In Fort Lauderdale
400 Southwest 3rd Avenue
$34,375,000
$225/SF
Building Size
152,460 SF
Asset Type
Development Site
Closing
Feb 12, 2026
AI
The property asset involved in this transaction is a development site located at 400 Southwest 3rd Avenue in Fort Lauderdale. The total square footage of the site is 152,460 and the loan amount for this refinance transaction is $34,375,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $34,375,000
- Lender: Camilo Niño, Ricardo Uribe & Alen Hernandez - Linkvest Capital
- Landlord: Asi Cymbal & Hector Torres - Cymbal DLT Companies
- Loan Type: Refinance
This transaction involved key individuals and companies contributing to the successful refinance. The lender is represented by Camilo Niño, Ricardo Uribe, and Alen Hernandez from Linkvest Capital, while the landlord is represented by Asi Cymbal and Hector Torres from Cymbal DLT Companies.
Players
Fort Lauderdale 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
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93