Vertix Group Provides $11.55M Bridge Loan For Wynwood Land Deal

The property involved in the transaction is a Land located at 100 Northeast 29th Street & 94 Northeast 29th Street in Wynwood. The total buildable square footage for the land is 144,302, and the transaction involved a Bridge Loan amounting to $11,550,000.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $11,550,000
• Address: 100 Northeast 29th Street & 94 Northeast 29th Street
• Market: Wynwood
• Lender: Vertix Group - Albert Arisso and Frank Hermosa
• Landlord: Diego Ojeda - Wynwood Rider
• Brokers: Javier Herrera & Nick Sumpter - Franklin Street

The individuals and companies involved in the deal include Diego Ojeda as the landlord under Wynwood Rider. The lender for the transaction was Vertix Group represented by Albert Arisso and Frank Hermosa. The brokers facilitating the deal were Javier Herrera and Nick Sumpter from Franklin Street.