Omega Real Estate Management Secures $103 Million Construction Take Out Loan In North Miami

The property asset involved in this transaction is a multifamily development located at 1155 Northeast 126th Street in North Miami. This asset comprises 358 units and has secured a loan amounting to $103,000,000 for construction take-out purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $103,000,000
• Market: North Miami
• Lender: Affinius Capital & Corebridge
• Landlord: Omega Real Estate Management
• Brokers: Charles Foschini, Christopher Apone, Lourdes Carranza-Alvarez & Shannon Wilson - Berkadia

In this transaction, brokers Charles Foschini, Christopher Apone, Lourdes Carranza-Alvarez, and Shannon Wilson represented the landlord, Omega Real Estate Management. Their collaboration with Affinius Capital and Corebridge facilitated the loan agreement for the property.