3650 REIT Provides $76M Loan For Mixed-Use Property In Wynwood With Landlord Rose & Berg Realty Group
FINANCED
Florida
See Similar DealsMixed-use245,900 SF
Financed 01/03/2020
FINANCED
3650 REIT Provides $76M Loan For Mixed-Use Property In Wynwood With Landlord Rose & Berg Realty Group
2916 N Miami Ave, Wynwood, Miami, FL, USA
See Similar DealsMixed-use245,900 SF
Financed 01/03/2020
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$309
Total Square Footage:245,900 SF
Transaction Type:Loan
Located at 2916 North Miami Ave in Wynwood, this mixed-use property recently underwent a closed transaction. The property spans 245,900 square feet and is situated in a vibrant market.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $76,000,000
- Lender: 3650 REIT
- Landlord: Rose & Berg Realty Group - Aron Rosenberg
- Broker: Charles Foschini - Berkadia Commercial Mortgage
Key individuals and companies involved in the deal include Aron Rosenberg from Rose & Berg Realty Group, acting as the landlord, and Charles Foschini from Berkadia Commercial Mortgage, representing the borrower. They played instrumental roles in facilitating this transaction.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$76,000,000.00
Monthly NOI$506,666.67
Monthly Debt Service$480,371.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
