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235 Northeast 79th Street

Updated Aug 26, 2026

Daniel Pena Secures $1,900,000 Bridge Loan From Bert R. Dweck For Land In Miami
FINANCEDLand

Daniel Pena Secures $1,900,000 Bridge Loan From Bert R. Dweck For Land In Miami

235 Northeast 79th Street

$1,900,000

Building Size

Asset Type

Land

Closing

Jul 30, 2026

About this deal

AI

The asset involved in this transaction is a land parcel located at 235 Northeast 79th Street in Miami, FL. The property is identified as a land asset for which a bridge loan has been secured. The loan amount is set at $1,900,000.

Summary of transaction details:

The deal involves key individuals such as Bert R. Dweck, who serves as the lender from Hirshmark Capital, and Daniel Pena, the borrower. The landlord's representation is handled by Adrian Edery and Josh Eliassian from Two50 Capital Group, ensuring the transaction is managed by experienced professionals in the industry.

Players

Adrian Edery

Two50 Capital Group

Broker

$703.7M

vol

41 deals

Broker
Bert R. Dweck

Bert R. Dweck

Hirshmark Capital

Lender

$120M

vol

26 deals

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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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