FINANCED
Curated Real Estate Capital Secures $8M Construction Loan For Downtown Miami Multifamily Property
1165 Northwest 8th Avenue
MultiFamily
20,000 SF
20,000 SF
Financed 224 days ago
Summary
Loan
FLORIDA
MultiFamily
20,000 sqft
The property involved in this transaction is a multifamily asset located at 1165 NW 8th Ave in Downtown Miami. It spans approximately 20,000 square feet and consists of 42 units. The property was represented by Curated Real Estate Capital brokers Cameron Huard and Luca Zaharias.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,000,000
- Market: Downtown Miami
- Square Footage: 20,000
- Units: 42
This construction loan transaction, with an amount of $8,000,000, is a significant investment in the development of the multifamily property. The loan terms include a Loan-to-Cost (LTC) ratio of 80+.
Players
Details
FINANCED
IMAGE: Cameron Huard & Luca Zaharias
DATE: 09/29/2023
ADDRESS: 1165 NW 8th Ave
MARKET: Downtown Miami
ASSET TYPE: Multifamily ~ SF: 20,000 ~ UNITS: 42
BROKERS: Cameron Huard (@CamHuard) & Luca Zaharias (@Luca_Zaharias) - Curated Real Estate Capital (@CuratedFinancing)
LOAN AMOUNT: $8,000,000
LOAN TYPE: Construction
LOAN TERMS: 80+ LTCView on map
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Address1165 Northwest 8th Avenue
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