NR Investments Secures $61M Loan For Mixed-Use Property In Miami | 1642 Northeast 1st Avenue | Kyle Miller, Carl Passmore | Mixed-use | Loan

Summary

Loan

FLORIDA

Mixed-use

NR Investments has completed a closed property transaction in Miami. The mixed-use property, located at 1642 NE 1st Avenue, consists of 252 units. The deal was facilitated by brokers Keith Melton, David Strange, Jeremy Pino, Livingston Hessam, Carl Passmore, and Kyle Miller from Walker & Dunlop, Inc. The loan amount for this transaction was $61,046,600.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $61,046,600
Address: 1642 NE 1st Avenue, Miami
Units: 252

The involvement of NR Investments as the landlord, along with the guidance of the brokers from Walker & Dunlop, Inc., played a crucial role in the successful completion of this transaction. This closed property deal demonstrates the strong demand for mixed-use properties in Miami's market.

Players

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3

Agents
2
Agencies
1

Details

Deal Summary

FINANCED

IMAGE: Livingston Hessam, Keith Melton, Carl Passmore, David Strange & Kyle Miller DATE: 06/15/2022 ADDRESS: 1642 NE 1st Avenue MARKET: Miami ASSET TYPE: Mixed-use ~ UNITS: 252 LANDLORD: NR Investments BROKERS: Keith Melton, David Strange, Jeremy Pino, Livingston Hessam, Carl Passmore & Kyle Miller - Walker & Dunlop, Inc (@WalkerDunlop) LOAN AMOUNT: $61,046,600

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Address1642 Northeast 1st Avenue

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