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Hirshmark Capital Provides $2.8M Acquisition Loan For Industrial Asset In Miami

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FINANCED
$2,800,000

Florida

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Industrial20,000 SF
Financed 10/30/2024
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FINANCED

Hirshmark Capital Provides $2.8M Acquisition Loan For Industrial Asset In Miami

1921 Northeast 153rd Street

See Similar Deals
Industrial20,000 SF
Financed 10/30/2024
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$140
Total Square Footage:20,000 SF
Transaction Type:Loan

The property asset involved in this transaction is located at 1921 Northeast 153rd Street in Miami, featuring an industrial asset with a size of 20,000 square feet. The acquisition loan amount for this property is $2,800,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,800,000
  • Lender: Hirshmark Capital
  • Lender Representative: Bert R. Dweck
  • Landlord: Maksim Rozenfeld
  • Loan Type: Acquisition

This transaction was facilitated by Hirshmark Capital, represented by Bert R. Dweck, who played a crucial role in the lending process. The landlord of the property is Maksim Rozenfeld, indicating the involvement of key individuals in this real estate acquisition deal.

Players

Bert R. Dweck
23 deals$105.8M volume
BROKER

Bert R. Dweck
Hirshmark Capital
23 deals$105.8M volume
BROKER

Details

FINANCED
IMAGE: Bert R. Dweck DATE: 10/30/2024 ADDRESS: 1921 Northeast 153rd Street MARKET: Miami ASSET TYPE: Industrial ~ SF: 20,000 LENDER: Bert R. Dweck (Bert_Dweck) - Hirshmark Capital (@HirshmarkCapital) LANDLORD: Maksim Rozenfeld LOAN AMOUNT: $2,800,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,800,000.00

Monthly NOI$18,666.67
Monthly Debt Service$17,697.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00