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1510 Northwest 16th Terrace

Updated Aug 27, 2026

Lender Henry Jimenez Provides $3,780,000 Refinance Loan To Calta Group In Miami
FINANCEDLand

Lender Henry Jimenez Provides $3,780,000 Refinance Loan To Calta Group In Miami

1510 Northwest 16th Terrace

$3,780,000

Building Size

Asset Type

Land

Closing

Jun 24, 2026

About this deal

AI

The property asset involved in this transaction is a land parcel located at 1510 Northwest 16th Terrace in Miami. The loan amount secured against this property is $3,780,000 as part of a refinance deal. The specific asset characteristics include its location within a prominent US market.

Summary of transaction details:

This transaction features key individuals such as Henry Jimenez, who serves as the lender representing Benworth Capital, while the borrowers, Ignazio Caltagirone, Gaetano Caltagirone, and Igor Blatnik, are affiliated with Calta Group. Their roles denote the representation in the refinancing process ensuring the transaction's execution.

Players

Ignazio Caltagirone

Calta Group

Buyer

$34.8M

vol

4 deals

Buyer

Henry Jimenez

Benworth Capital

Lender

$3.8M

vol

1 deal

Lender

Miami Land Market Snapshot

Boundary boundary · Land · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.20%

Cash-on-Cash

-1.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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