Bank Ozk Provides $215M Construction Loan For Mixed-Use Property In Wynwood

The property involved in this closed transaction is a mixed-use asset located at 95 Northwest 29th Street in Wynwood. The transaction took place on 01/17/2023.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $215,000,000
• Lender: Bank Ozk - David Weitz & Erik Rutter
• Landlord: L&L Holding Company - Robert Lapidus & David Levinson; Oak Row Equities; Shorenstein
• Brokers: Michael (Thomas) Basinski, Charles Foschini & Scott Wadler - Berkadia
• Loan Type: Construction Loan

Bank Ozk, represented by David Weitz and Erik Rutter, provided a construction loan totaling $215,000,000 for the mixed-use property located at 95 Northwest 29th Street in Wynwood. The property is owned by L&L Holding Company, represented by Robert Lapidus and David Levinson, and also involves Oak Row Equities and Shorenstein. The transaction was facilitated by brokers Michael (Thomas) Basinski, Charles Foschini, and Scott Wadler from Berkadia.