Updated Oct 14, 2026
Omega Real Estate Management Secures $100M Construction Loan For 358-Unit Multifamily In North Miami With Lender Churchill Real Estate. Berkadia Brokers Deal
1155 Northeast 126th Street, North Miami, Florida 33161, United States
$100,000,000
$53,995/SF
Building Size
1,852 SF
Asset Type
MultiFamily
Closing
Jun 23, 2022
About this deal
AI
The loan for a multifamily property located at 1155 NE 126th St in North Miami has closed. The property consists of 358 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $100,000,000
- Loan Type: Construction
The lender for this transaction was Churchill Real Estate, represented by Jeff Rosenfeld and Sean Robertson. The landlord of the property is Omega Real Estate Management, with representatives Sebastien Scemla, Shawn Chemtov, Anthony Hodes, John Carlos Lago, and Juan Carlos Lago. The brokers involved in the deal were Charles Foschini, Chris Apone, and Robert Iudice from Berkadia.
On the Map
$100,000,000
$53,995/SF
MultiFamily
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Players
North Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93