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6101 Northwest 74th Avenue

BEB Capital Provides $3.25M Acquisition Loan For Miami Industrial Property
FINANCEDIndustrial

BEB Capital Provides $3.25M Acquisition Loan For Miami Industrial Property

6101 Northwest 74th Avenue

$3,250,000

$167/SF

Building Size

19,435 SF

Asset Type

Industrial

Closing

Jan 17, 2023

AI

The industrial property located at 6101 Northwest 74th Avenue in Miami has been involved in a recent loan transaction. The property spans approximately 19,435 square feet in size. The loan was provided by BEB Capital, with Sean Silverbrook, Keyvan Ghaytanchi, and Lee Brodsky representing the lender.

Summary of transaction details

  • Property Type: Industrial
  • Loan Amount: $3,250,000
  • Loan Type: Acquisition Loan

Sean Silverbrook, Keyvan Ghaytanchi, and Lee Brodsky acted as representatives for BEB Capital in providing the loan for the property at 6101 Northwest 74th Avenue in Miami. The loan amount for this acquisition loan was $3,250,000.

Players

Sean Silverbrook

BEB Capital

Lender

$71.9M

vol

15 deals

Lender
BEB Capital
BEB Capital Lender

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93