facebook
Traded Co logo
Submit

Ladder Capital Provides $7.4M Acquisition Loan For Industrial Property In Miami

Property Image
FINANCED
$7,400,000
Ryan Horowitz
Tom O'Loughlin
Larry Genet
+ 1

Florida

See Similar Deals
Industrial59,346 SF
Financed 07/13/2020
the dealplayerscompscontact
Property Image
FINANCED

Ladder Capital Provides $7.4M Acquisition Loan For Industrial Property In Miami

6721 Northwest 36th Street

See Similar Deals
Industrial59,346 SF
Financed 07/13/2020
Ryan Horowitz
Tom O'Loughlin
Larry Genet
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$124
Total Square Footage:59,346 SF
Transaction Type:Loan

The industrial property located at 6721 & 6865 NW 36th Ave in Miami has been involved in a recent transaction. The property, owned by The O'Donnel Group, was acquired through an acquisition loan.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $7,400,000
  • Address: 6721 & 6865 NW 36th Ave, Miami
  • Market: Miami

The loan for the acquisition was provided by Ladder Capital. Cooper Horowitz, represented by Ryan Horowitz, acted as the broker in this deal.

Players

Larry Genet
CBRE
Larry Genet
57 deals$436M volume(305) 807-0004
BROKER
Jake Zebede
Trustone Realty Advisors
Jake Zebede
16 deals$333.7M volume
BROKER
Tom O'Loughlin
CBRE
Tom O'Loughlin
56 deals$831.7M volume(954) 817-3919
BROKER
Ryan Horowitz
Cooper Horowitz
Ryan Horowitz
12 deals$309.7M volume
BROKER
Ladder Capital
Ladder Capital
LENDER
TG
The O’Donnell Group
LANDLORD

Details

FINANCED
IMAGE: Ryan Horowitz DATE: 07/13/2021 ADDRESS: 6721 & 6865 NW 36th Ave MARKET: Miami ASSET TYPE: Industrial LENDER: Ladder Capital LANDLORD: The O'Donnel Group BROKER: Ryan Horowitz - Cooper Horowitz (@CooperHorowitz) LOAN AMOUNT: $7,400,000 LOAN TYPE: Acquisition

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,400,000.00

Monthly NOI$49,333.33
Monthly Debt Service$46,773.03
Change in Cash Flow$0.00
Refinance Proceeds$0.00