Sheridan Capital Provides $12M Refinance Loan For Industrial Property At 2509 N Miami Ave

The industrial property located at 2509 N Miami Ave in Miami has recently undergone a loan refinancing transaction. The property spans across 20,000 square feet, making it a significant asset in the market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $12,000,000
• Date: 03/17/2022
• Lender: Sheridan Capital - Aaron Kurlansky, Lee Shwartz, & Michael Yassky
• Sponsor: Richard Serure
• Loan Type: Refinance

Richard Serure, the sponsor of the transaction, has expressed confidence in Sheridan Capital's ability to close deals quickly. The partnership between the two parties has proven successful in the past, resulting in a continued trust in Sheridan Capital's efficiency and simplicity throughout the loan process.

Note: "Ownership has done several deals with Sheridan Capital and continues to trust in their ability to close quickly and efficiently, they just make it simple & easy." - Dan Arev