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237 Southwest 13th Street

William Ticona Of Grupo T&C Secures $15 Million Loan For Multifamily Asset In Miami
FINANCEDMultiFamily

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:

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

Brandon Perdeck
Verified Badge

Brandon Perdeck

Aries Capital

Broker

$178.6M

vol

12 deals

Broker
Albert Arisso

Albert Arisso

Vertix Group

Lender

$134.9M

vol

10 deals

Lender

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