Shorenstein Provides $445M Equity Loan For Mixed-use Property At 2800 NW 1st Avenue In Miami

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.