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
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.
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