CymbalDLT Companies Secures $27 Million Refinance Loan For Mixed-Use Asset In Miami

The property involved in the transaction is a mixed-use asset located at 3470 North Miami Avenue in the Miami market, encompassing 25,000 square feet. The transaction involved a loan amount of $27,000,000 for the purpose of refinancing.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $27,000,000
• Loan Type: Refinance
• Lender: Ricardo Uribe, Camilo Niño & Alen Hernandez - Linkvest Capital
• Landlord: Asi Cymbal & Hector Delatorres - CymbalDLT Companies (Cymbal DLT)
• Broker: Christian Uriarte

The financing for this transaction was arranged by Torus Capital Group ("TCG"), marking the seventh successful transaction between developers Asi Cymbal, Hector Delatorres, and financier Christian Uriarte. Collectively, these parties have closed nearly $300 million in multi-tranche real estate credit solutions across a diverse network of capital partners.