FINANCED
Shorenstein Provides $445M Equity Loan For Mixed-use Property At 2800 NW 1st Avenue In Miami
2800 Northwest 1st Avenue
Mixed-use
820,000 SF
820,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Mixed-use
820,000 sqft
The mixed-use property located at 2800 NW 1st Avenue in Miami has been involved in a closed transaction. Spanning a total of 820,000 square feet, this property offers a versatile space for both residential and commercial purposes. The transaction took place on January 17, 2023.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $445,000,000
- Address: 2800 NW 1st Avenue, Miami
- Market: Miami
Brandon Shorenstein's company, Shorenstein, served as the lender for this transaction, providing an equity loan in the amount of $445,000,000. On the other side of the deal, Marcelo Claure represented the landlord. Additionally, David Levinson's L And L Holding, as well as Erik Rutter and David Weitz's Oak Row, were also involved as landlords. Newmark's representatives, including Jordan Roeschlaub, Dustin Stolly, Daniel Matz, and Eden Abraham, assisted the landlord in the transaction.
Players
All
5
Agents
4
Agencies
1
Details
FINANCED
IMAGE: Brandon Shorenstein, Erik Rutter, Jordan Roeschlaub, Brandon Shorenstein, Dustin Stolly, Daniel Matz, David Weitz, Eden Abraham & Marcelo Claure
DATE: 01/17/2023
ADDRESS: 2800 NW 1st Avenue
MARKET: Miami
ASSET TYPE: Mixed-use ~ SF: 820,000
LENDER: Shorenstein - Brandon Shorenstein (@BShorenstein)
LANDLORD: Marcelo Claure
; L And L Holding - David Levinson; Oak Row (@OakRowEquities) - Erik Rutter & David Weitz
LANDLORD'S REP: Jordan (Jordy) Roeschlaub (@JordyRoeschlaub), Dustin Stolly, Daniel (Danny) Matz (@MatzyPants) & Eden Abraham - Newmark (@Newmark)
LOAN AMOUNT: $445,000,000
LOAN TYPE: Equity LoanView on map
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Address2800 Northwest 1st Avenue
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