Neology Life Development Group Secures $57.5M Construction Loan For Miami Multifamily

1470 Northwest 36th Street, Miami, Florida 33142, United States

$57,500,000

Building Size

—

Asset Type

MultiFamily

Closing

Aug 25, 2022

AI

The multifamily property located at 1470 NW 36th Street in Miami has been involved in a recent closed transaction. The property consists of 237 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $57,500,000.00
Address: 1470 NW 36th Street
Market: Miami
Units: 237

Churchill Real Estate, represented by Sean Robertson and Jeff Rosenfeld, provided a construction loan for this transaction. The loan is worth $57,500,000.00 and has a term of 24 months with two extension options. The landlord in this deal is Neology Life Development Group, represented by Lissette Calderon. The brokers involved in the transaction are Charles Foschini, Christopher Apone, and Shannon Wilson from Berkadia.

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