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Construction Loan Of $85,500,500 Secured By Landlords Alison Greenfield Ophir Sternberg Eduardo Pelaez And Matt Lane

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FINANCED
$83,500,000
Alec Fox
Patrick Johnson
+ 2

Florida

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Mixed-use65,000 SF
Financed 05/27/2026
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FINANCED

Construction Loan Of $85,500,500 Secured By Landlords Alison Greenfield Ophir Sternberg Eduardo Pelaez And Matt Lane

4218 Northeast 2nd Avenue

See Similar Deals
Mixed-use65,000 SF
Financed 05/27/2026
Alec Fox
Patrick Johnson
+ 2
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Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$1,284
Total Square Footage:65,000 SF
Transaction Type:Loan

The property asset is a mixed-use development located at 4218 Northeast 2nd Avenue in Miami, comprising a total square footage of 65,000. It has secured a construction loan amounting to $85,500,500.

Summary of transaction details:

The lenders and developers involved in this transaction include Kyle Asher representing Monroe Capital, while the landlords comprise Alison Greenfield from Leviathan Development, Ophir Sternberg of Lionheart Capital, Eduardo Pelaez from WellDuo, and Matt Lane of The Lane Organization. The brokerage team facilitating the deal is made up of Scott Wadler, Alec Fox, and Patrick Johnson, who are associated with Berkadia.

Players

Scott Wadler
160 deals$9.8B volume
BROKER

Alec Fox
Berkadia
27 deals$1.9B volume
BROKER

Patrick Johnson
Berkadia
20 deals$1.7B volume(901) 425-1828
BROKER

Monroe Capital
LENDER


Eduardo Pelaez
10 deals$215M volume
LANDLORD

Details

FINANCED
IMAGE: Scott Wadler, Patrick Johnson, Alison Greenfield, Matt Lane, Eduardo Pelaez, Kyle Asher, Ophir Sternberg & Alec Fox DATE: 05/27/2026 ADDRESS: 4218 Northeast 2nd Avenue MARKET: Miami ASSET TYPE: Mixed-use ~ SF: 65,000 LENDER: Kyle Asher - Monroe Capital LANDLORD: Alison Greenfield - Leviathan Development; Ophir Sternberg - Lionheart Capital; Eduardo Pelaez - WellDuo & Matt Lane - The Lane Organization BROKERS: Scott Wadler (@SWadler1), Alec Fox (@Alecfox1) & Patrick Johnson (@P.s.Johnson) - Berkadia (@Berkadia) LOAN AMOUNT: $85,500,500 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$83,500,000.00

Monthly NOI$556,666.67
Monthly Debt Service$527,776.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00