David M. Heiden Of W Financial Provides $15.85M Bridge Loan For Hospitality Asset In Doral

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.