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Miami Mixed Use Construction Loan For 35 Million On 85725 SF Asset

Property Image
FINANCED
$34,700,000
Pier Barinci
Abbie Kushner
+ 1

Florida

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Mixed-use85,725 SF
Financed 08/04/2025
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Property Image
FINANCED

Miami Mixed Use Construction Loan For 35 Million On 85725 SF Asset

Mixed-use85,725 SF
Financed 08/04/2025
Pier Barinci
Abbie Kushner
+ 1
Contact now

Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$404
Total Square Footage:85,725 SF
Transaction Type:Loan

The property asset is a mixed-use development located in Miami, featuring a total square footage of 85,725, which includes 2,548 square feet of commercial space. The transaction involved a construction loan amounting to $35,000,000.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $35,000,000
  • Market: Miami
  • Asset Size: 85,725 SF
  • Commercial Space: 2,548 SF

The brokers representing the deal are Pier Barinci, Max La Cava, Michael Romero, and Abbie Kushner from JLL, who facilitated the transaction in the Miami market.

Players

Max La Cava
44 deals$1.5B volume(917) 825-7346
BROKER

Pier Barinci
JLL
27 deals$728.2M volume
BROKER

Abbie Kushner
JLL
13 deals$283.1M volume
BROKER

Michael Romero
JLL
8 deals$269.6M volume(786) 251-6511
BROKER

JLL
BROKERAGE

Details

FINANCED
IMAGE: Abbie Kushner, Max La Cava, Pier Barinci & Michael Romero DATE: 08/06/2025 MARKET: Miami ASSET TYPE: Mixed-use ~ SF: 85,725 (2,548 SF of Commercial Space) BROKERS: Pier Barinci (@PierBarinci), Max La Cava (@Max_La_Cava) & Michael Romero & Abbie Kushner - JLL (@JLL) LOAN AMOUNT: $35,000,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$34,700,000.00

Monthly NOI$231,333.33
Monthly Debt Service$219,327.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00