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Loan · Land

Updated Sep 9, 2026

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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

$3.7B

vol

136 deals

Lender

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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