Nahla Capital Acquires Development Site From SHVO And Deutsche Finance For $270 Million
SOLD
Florida
See Similar DealsDevelopment Site132,786 SF
Sold 10/20/2025
SOLD
Nahla Capital Acquires Development Site From SHVO And Deutsche Finance For $270 Million
1751 Collins Avenue, 1757 Collins Avenue & 1775 Collins Avenue
See Similar DealsDevelopment Site132,786 SF
Sold 10/20/2025
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$2,033
Total Square Footage:132,786 SF
Transaction Type:Sale
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.
Players
BUYER
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$14,400,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$959,252.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,279,937.75
Annual Debt Service$15,359,252.97
Is there something missing? Send suggestions
