Banesco Provides $11M Construction Loan For Mixed-Use Property In Wynwood

A mixed-use property located at 2143 NW 1st Ave in Wynwood has been involved in a recent transaction. The property spans a total of 46,072 square feet and includes various types of spaces for different uses.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $11,000,000
• Lender: Banesco
• Landlord: Valerio Morabito - Morabito Properties
• Brokers: Scott Wadler & Mike Basinski - Berkadia
• Loan Type: Construction

Valerio Morabito of Morabito Properties is the landlord of the property. The loan for this transaction, totaling $11,000,000, was provided by Banesco. The brokers representing the deal were Scott Wadler and Mike Basinski from Berkadia.