Updated Oct 22, 2025
Nahla Capital Acquires Development Site From SHVO And Deutsche Finance For $270 Million
1751 Collins Avenue, 1757 Collins Avenue & 1775 Collins Avenue
$270,000,000
$2,033/SF
Building Size
34,489 SF
Asset Type
Development Site
Closing
Oct 19, 2025
About this deal
AI
The asset involved in this transaction is a development site located at 1751, 1757 & 1775 Collins Avenue in Miami Beach. The sale price for this property was $270,000,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $270,000,000
- Buyer: Nahla Capital
- Seller: SHVO , Deutsche Finance
- Brokers: Doug Harmon, Adam Spies, Marcella Fasulo, Adam Doneger, Josh King, Avery Silverstein & Willis Robbins - Newmark
- Date of Sale: 10/20/2025
The transaction was facilitated by a team of brokers from Newmark, including Doug Harmon, Adam Spies, Marcella Fasulo, Adam Doneger, Josh King, Avery Silverstein, and Willis Robbins, who collectively represented the sellers SHVO and Deutsche Finance in this deal.
On the Map
$270,000,000
$2,033/SF
Development Site
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Players
Miami Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93