S3 Capital Provides $344,750,000 Construction Loan For Multifamily Development In North Bay Village

The property asset involved in this transaction is located at 1755 John F Kennedy Causeway in North Bay Village, FL. It is classified as a multifamily asset with a loan amount of $344,750,000, which is part of a construction and pre-development financing package.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $344,750,000
• Lender: Robert Schwartz & Steven Jemal - S3 Capital
• Landlord: The Continuum Company
• Brokers: Rob Rubano, Steven Sperandio & Ernesto Sanchez - Cushman & Wakefield

The deal involves key players in the financing and brokerage of the multifamily transaction. S3 Capital, represented by Robert Schwartz and Steven Jemal, specializes in providing capital for multifamily transactions with a particular emphasis on loans exceeding $1 million. The brokers from Cushman & Wakefield, Rob Rubano, Steven Sperandio, and Ernesto Sanchez, played an essential role in facilitating this transaction.