Titan Capital Provides $8,500,000 Refinance Loan For Development Site In Miami Beach

A refinance and pre-development loan of $8,500,000 has been secured by a 14,000 SF prime corner site in Miami Beach. This asset is positioned for the borrower's project entitlement and pre-development phase, facilitating the upcoming construction activities.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $8,500,000
• Loan Type: Refinance
• Loan Terms: 12 Months
• Lender: Matthew Job, Ira Saferstein, David Saferstein & Zach Waldman - Titan Capital

Titan Capital's involvement in the transaction includes providing crucial funding for the pre-development phase necessary for the project's entitlement. The team involved features Matthew Job, Ira Saferstein, David Saferstein, and Zach Waldman, who represent Titan Capital in this transaction.