David M. Heiden Of W Financial Provides $15.85M Bridge Loan For Hospitality Asset In Doral
Florida
See Similar DealsDavid M. Heiden Of W Financial Provides $15.85M Bridge Loan For Hospitality Asset In Doral
1212 Northwest 82nd Avenue
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The asset involved in this transaction is a hospitality property located at 1212 Northwest 82nd Avenue in the Doral market, encompassing a total square footage of 73,232. The transaction includes a loan amount of $15,850,000 classified as a bridge loan.
Summary of transaction details:
- Property Type: Hospitality
- Transaction Amount: $15,850,000
- Address: 1212 Northwest 82nd Avenue
- Market: Doral
- Lender: David M. Heiden - W Financial
- Landlord: Ricardo Ratia
- Landlord's Rep: Jose Degwitz - Ordeg Capital
- Lender's Rep: Emile Schachter - WD Capital Group
- Loan Type: Bridge
Key individuals involved in the transaction include David M. Heiden representing the lender W Financial, and Emile Schachter, the lender's representative from WD Capital Group. Additionally, Ricardo Ratia is the landlord, represented by Jose Degwitz of Ordeg Capital. According to a note from the lender's representative, this transaction demonstrates WD Capital’s expertise in managing complex capital stacks, having completed over $500 million in transactions since its inception.
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