Banesco USA Provides $12.35M Purchase Loan For Industrial Property In Miami
FINANCED
$12,350,000
Florida
See Similar DealsIndustrial
Financed 11/16/2022
FINANCED
Banesco USA Provides $12.35M Purchase Loan For Industrial Property In Miami
Industrial
Financed 11/16/2022
Summary
FLORIDA
Asset Type:Industrial
Transaction Type:Loan
The industrial property located in Miami, FL has undergone a recent transaction. The loan for this transaction was provided by Banesco USA in the amount of $12,350,000. The loan was used for the purpose of purchasing the property.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,350,000
Horizon Equities, represented by Joe Kotler, served as the landlord in this transaction. The brokers involved in the deal were Ariel Forman and Asher Urbach from Meridian Capital Group.
Players
Details
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$12,350,000.00
Monthly NOI$82,333.33
Monthly Debt Service$78,060.40
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions