Updated May 13, 2025
William Ticona Of Grupo T&C Secures $15 Million Loan For Multifamily Asset In Miami
237 Southwest 13th Street
$15,000,000
$581/SF
Building Size
25,786 SF
Asset Type
MultiFamily
Closing
Apr 29, 2025
About this deal
AI
The multifamily property located at 237 Southwest 13th Street in Miami consists of 36 units and encompasses a total square footage of 25,786. The acquisition loan amount for this transaction is $15,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,000,000
- Units: 36
- Square Footage: 25,786
- Lender: Albert Arisso & Frank Hermosa - Vertix Group
- Landlord: William Ticona - Grupo T&C
- Brokers: Brandon Perdeck & Sebastian Borja - Aries Capital
- Loan Type: Acquisition
Albert Arisso and Frank Hermosa from Vertix Group served as the lenders for this loan. The landlord representing the property is William Ticona of Grupo T&C. The transaction was brokered by Brandon Perdeck and Sebastian Borja from Aries Capital.
On the Map
$15,000,000
$581/SF
MultiFamily
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Players
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93