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19401 West Dixie Highway

Breevast U.S. Secures $85 Million Acquisition Loan For 266-Unit Multifamily Property In Aventura
FINANCEDMultiFamily

Breevast U.S. Secures $85 Million Acquisition Loan For 266-Unit Multifamily Property In Aventura

19401 West Dixie Highway

$85,000,000

$190/SF

Building Size

445,250 SF

Asset Type

MultiFamily

Closing

May 12, 2026

AI

The property asset involved in the transaction is located at 19401 West Dixie Highway in Aventura. It is a multifamily asset with a total of 266 units and encompasses a substantial area of 445,250 square feet.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $85,000,000
  • Loan Type: Acquisition
  • Lender: Benjamin Schwartz & Max Altman - BDT & MSD Partners
  • Landlord: Breevast U.S. - Laurence Zweegers
  • Broker: Andrew Gurewitsch

The key individuals involved in the deal include Benjamin Schwartz and Max Altman, who are representing the lenders, BDT & MSD Partners. Laurence Zweegers is the representative for the landlord, Breevast U.S., while Andrew Gurewitsch acted as the broker in this transaction.

Players

Andrew Gurewitsch

Broker

$255.2M

vol

7 deals

Broker
BDT & MSD Partners
BDT & MSD PartnersLender

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

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93