Maor Benami Acquires Fort Lauderdale Multifamily Properties In $9.9M Bridge Loan

The multifamily property located at 2649 Middle River Dr., 1100 NE 12th Ave., 1227 NE 11th Ave., 901 NE 16th Ave., 737 NE 7th Avenue, 1150 NE 17th Ct., 1151 NE 17th Ct., 1401 NE 17th Ct., 2200 NE 9th avenue, 909 NE 22nd Dr., 917-921 NE 22nd Dr., & 4655 Bougainvilla Dr. in Fort Lauderdale, Wilton Manors, and Lauderdale-By-The-Sea has been involved in a bridge loan transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,900,000
• Loan Type: Bridge
• Lender: Sheridan Capital
• Buyer: Maor Benami
• Broker: Joe Back

Maor Benami has secured a bridge loan from Sheridan Capital for the acquisition of the aforementioned multifamily properties. Joe Back, representing Maor Benami, facilitated the transaction as the broker.