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Updated Sep 9, 2026

Steven Jemal Of S3 Capital Provides $7,500,000 Loan For Land Acquisition In Brickell Miami
FINANCEDLand

Steven Jemal Of S3 Capital Provides $7,500,000 Loan For Land Acquisition In Brickell Miami

$7,500,000

Building Size

—

Asset Type

Land

Closing

Aug 20, 2026

About this deal

AI

The asset involved in this transaction is land located in Brickell, Miami, intended for future residential high-rise development. The acquisition loan amount is $7,500,000, provided by S3 Capital. This type of financing supports the initial efforts to develop a residential project on the property.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $7,500,000
  • Lender: Steven Jemal - S3 Capital
  • Loan Type: Acquisition
  • Date: 08/20/2026
  • Market: Brickell, Miami
  • Note from Lender: Land acquisition for a future residential high-rise development.

Steven Jemal, representing S3 Capital, is actively involved in financing multifamily transactions across various markets, including a focus on loan opportunities exceeding $1 million. This loan highlights S3 Capital's engagement with land acquisition projects in prime locations like Brickell.

Players

Steven Jemal

S3 Capital

Lender

$3.8B

vol

141 deals

Lender
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Market 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

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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