facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Development Site

/

Loan

/

1009 Links Dr

Madar Group USA's David-Emmanuel Cohen Secures $16M Construction Loan In Miami Beach
FINANCEDDevelopment Site

Madar Group USA's David-Emmanuel Cohen Secures $16M Construction Loan In Miami Beach

1009 Links Dr

$16,000,000

Building Size

Asset Type

Development Site

Closing

Nov 24, 2025

AI

The asset involved in this transaction is a development site located at 1009 Links Drive in the Miami Beach market. The deal encompasses a construction loan amounting to $16,000,000.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $16,000,000
  • Lender: Josh Greene, Billy Haber & Adam Glick - Maxim Capital Group
  • Landlord: David-Emmanuel Cohen - Madar Group USA
  • Landlord's Representative: Jonathan Aghravi & Noam Katz - JBA Equities
  • Loan Type: Construction

This deal encompasses key individuals from various companies, including Josh Greene, Billy Haber, and Adam Glick representing Maxim Capital Group as the lenders. David-Emmanuel Cohen represents Madar Group USA. The landlord's representatives, Jonathan Aghravi and Noam Katz, are from JBA Equities, playing a crucial role in facilitating this transaction.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker
Adam Glick

Adam Glick

Maxim Capital Group

Lender

$1B

vol

27 deals

Lender
Maxim Capital Group
Maxim Capital GroupLender

David-Emmanuel Cohen

Landlord

$220.7M

vol

6 deals

Landlord

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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93