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Mixed Use

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Southwest 144th Avenue

Updated Sep 2, 2026

Marcel Navarro, Gabe Navarro & Marcos Puente Of MMG Equity Partners Secure $21.48M Loan For Mixed-use Asset In Miami
FINANCEDMixed-use

Marcel Navarro, Gabe Navarro & Marcos Puente Of MMG Equity Partners Secure $21.48M Loan For Mixed-use Asset In Miami

Southwest 144th Avenue

$21,479,867

Building Size

Asset Type

Mixed-use

Closing

Jun 29, 2026

About this deal

AI

The property involved in this transaction is a mixed-use asset located at 2398 SW 144th Ave, Miami, FL 33175. The total loan amount secured for this construction project is $21,479,867. The deal is part of the Miami market.

Summary of transaction details:

The individuals involved in this transaction include Marcel Navarro, Gabe Navarro, and Marcos Puente, who represent MMG Equity Partners as landlords. The brokerage team from JLL, consisting of Chris Drew, Brian Gaswirth, and Michael Romero, facilitated the deal. This collaboration highlights the roles of both the representatives and the landlords in the financing and development of the property.

Players

Brian Gaswirth

JLL

Broker

$6.4B

vol

47 deals

Broker

Seacoast Bank

Seacoast Bank

Lender

$21.5M

vol

1 deal

Lender
Seacoast Bank
Seacoast BankLender
Gabe Navarro

Gabe Navarro

MMG Equity Partners

Landlord

$80M

vol

6 deals

Landlord

Market 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

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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