facebook
Traded Co logo
Submit

Fisher Brothers Secures $117.5M Construction Loan For Wynwood Multifamily Property

Property Image
FINANCED
$177,500,000
Mo Beler
Michael Ianno
Michael Diaz
+ 5

Florida

See Similar Deals
MultiFamily240,000 SF
Financed 06/29/2023
the dealplayerscompscontact
Property Image
FINANCED

Fisher Brothers Secures $117.5M Construction Loan For Wynwood Multifamily Property

2200 NW 1st Ave Miami, FL 33127, USA

See Similar Deals
MultiFamily240,000 SF
Financed 06/29/2023
Mo Beler
Michael Ianno
Michael Diaz
+ 5
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$739
Total Square Footage:240,000 SF
Transaction Type:Loan

Located at 2200 NW First Avenue in Wynwood, this multi-family property consists of 308 units and spans across 240,000 square feet. The transaction involved a loan for the construction of the property.

Summary of Transaction Details

The key individuals and companies involved in this transaction include Aaron Casden from JP Morgan, Jacob Feingold from Canyon Partners, and Winston Fisher from Fisher Brothers. The deal was facilitated by brokers Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Mo Beler, Michael Ianno, and Michael Diaz from Walker & Dunlop.

Players

Aaron Appel
Walker & Dunlop
Aaron Appel
190 deals$31.9B volume
BROKER
Jonathan Schwartz
Walker & Dunlop
Jonathan Schwartz
165 deals$26.9B volume
BROKER
Keith Kurland
Walker & Dunlop
Keith Kurland
170 deals$29.1B volume
BROKER
Adam Schwartz
Walker & Dunlop
Adam Schwartz
160 deals$25.4B volume(646) 491-8869
BROKER
Michael Diaz
Walker & Dunlop
Michael Diaz
37 deals$4.1B volume
BROKER
Michael Ianno
Walker & Dunlop
Michael Ianno
51 deals$6B volume
BROKER
Mo Beler
Walker & Dunlop
Mo Beler
35 deals$6.4B volume
BROKER
J.P. Morgan Chase
J.P. Morgan Chase
LENDER
Winston Fisher
Fisher Brothers
Winston Fisher
18 deals$1.6B volume
LANDLORD

Details

FINANCED
IMAGE: Adam Schwartz, Michael Ianno, Aaron Appel, Mo Beler, Jonathan Schwartz, Michael Diaz & Keith Kurland DATE: 06/29/2023 ADDRESS: 2200 Nw First Avenue MARKET: Wynwood ASSET TYPE: MultiFamily ~ UNITS: 308 ~ SF: 240,000 LENDER: JP Morgan (@JPMorgan) - Aaron Casden; Canyon Partners - Jacob Feingold LANDLORD: Fisher Brothers - Winston Fisher BROKERS: Keith Kurland (@KaKurland), Aaron Appel, Jonathan Schwartz (@JSchwa1386), Adam Schwartz (@AdamSchwartz88), Mo Beler (@MBeler), Michael Ianno (@Mianno20) & Michael Diaz - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $117,500,000 LOAN TYPE: Construction

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$177,500,000.00

Monthly NOI$1,183,333.33
Monthly Debt Service$1,121,920.74
Change in Cash Flow$0.00
Refinance Proceeds$0.00