Banco Santander & TD Bank Provide $99M Loan For Mixed-Use Property In Coral Gables

Arnaud Karsenti & Michael Adler have closed a loan transaction on a mixed-use property in the Coral Gables market. The property, located at 3060 SW 37th Ct, consists of 421 units with a total square footage of 17,000. The loan amount for this transaction was $99,000,000. Banco Santander and TD Bank provided the financing for this deal.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $99,000,000
• Address: 3060 SW 37th Ct
• Market: Coral Gables
• Units: 421
• Square Footage: 17,000

13th Floor Investments and Adler Group, represented by Arnaud Karsenti and Michael Adler, served as the landlords in this transaction. They facilitated the loan agreement with Banco Santander and TD Bank.