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225 179th Drive

Richard Valdes Of Circle Capital Partners Secures $7.6M Refinance Loan For Mixed-Use Asset In Sunny Isles Beach
FINANCEDMixed-use

Richard Valdes Of Circle Capital Partners Secures $7.6M Refinance Loan For Mixed-Use Asset In Sunny Isles Beach

225 179th Drive

$7,600,000

$330/SF

Building Size

23,000 SF

Asset Type

Mixed-use

Closing

Jan 13, 2026

AI

The asset involved in this transaction is a mixed-use property located at 225 179th Drive in Sunny Isles Beach, encompassing a total square footage of 23,000. The loan amount for this refinance transaction is $7,600,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,600,000
  • Lender: David Heiden - W Financial
  • Landlord: Richard Valdes - Circle Capital Partners
  • Broker: Emile Schachter - WD Capital Group
  • Loan Type: Refinance

This transaction showcases the expertise of WD Capital in navigating complex capital stacks, emphasizing their capability to execute full-term interest-only financings. The platform is dedicated to expanding access to off-market opportunities and tailoring credit and equity structures for sponsors and investors seeking superior execution.

Players

Emile Schachter

WD Capital Group

Broker

$606.4M

vol

24 deals

Broker
W Financial
W Financial Lender

Sunny Isles Beach Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.09%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93