Greg Newman Of Bank OZK Provides $82.3M Construction Loan For Trilogy Real Estate Group's Multifamily Project In Miami

The property asset is a multifamily building located at 2728 Northeast 2nd Avenue in the Miami market, comprising 247 units. A construction loan was secured for the property with a total loan amount of $82,300,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $82,300,000
• Loan Type: Construction
• Lender: Greg Newman - Bank OZK
• Landlord: Neil Gehan, Ian Kok, Matt Thomson & Mike Hammon - Trilogy Real Estate Group
• Brokers: Scott Wadler, Patrick Johnson, Brad Williamson, Mitch Sinberg & Matt Robbins - Berkadia

The key individuals involved in this transaction include Greg Newman, who represents Bank OZK as the lender, alongside Neil Gehan, Ian Kok, Matt Thomson, and Mike Hammon, who are the landlords under Trilogy Real Estate Group. Additionally, the brokerage team from Berkadia consists of Scott Wadler, Patrick Johnson, Brad Williamson, Mitch Sinberg, and Matt Robbins, facilitating the deal.