Brian Sidman And David Burstyn Of Redwood Dev Co Acquire Development Site In Miami-Dade For $14.21M
$14,210,000
Building Size
—
Asset Type
Development Site
Closing
Jan 14, 2026
AI
A development site located at Southwest 194th Avenue & Southwest 336th Street in Miami-Dade traded for $14,210,000. The property was acquired by Brian Sidman and David Burstyn of Redwood Dev Co from Stuart Miller of Lennar. The transaction was financed by Valley National Bank.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $14,210,000
- Buyer: Brian Sidman & David Burstyn - Redwood Dev Co
- Seller: Stuart Miller - Lennar
- Lender: Valley National Bank
This transaction highlights the involvement of Brian Sidman and David Burstyn representing Redwood Dev Co as the buyers. Stuart Miller facilitated the sale as the seller representing Lennar. The financing for the deal was provided by Valley National Bank.
Players
Market 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
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93