Terra Group Secures $230M Senior & Mezzanine Loan For Mixed-use Development In Little Havana

A mixed-use development located at 3825 Northwest 7th Street in Little Havana has been involved in a closed property transaction. The property, spanning 39 acres, is owned by Terra Group, represented by David Martin. The transaction was facilitated by broker Walker & Dunlop. The deal included a loan from Apollo Global Management and Mack Real Estate Credit Strategies.

Summary of transaction details:

• Property Type: Mixed-use Development
• Transaction Amount: $230,000,000
• Loan Type: Senior & Mezzanine Loan

The lender in this transaction, providing a loan of $230,000,000, was Apollo Global Management and Mack Real Estate Credit Strategies. David Martin, representing Terra Group, acted as the landlord. The broker involved in the deal was Walker & Dunlop.