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
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