Lincoln Property Co. Secures $102.9M Construction Loan For Doral Multifamily

3450 Northwest 85th Court

MultiFamily

Financed 1 year ago

Summary

Loan

FLORIDA

MultiFamily

The property involved in this transaction is a multifamily asset located at 3450 NW 85th Court in Doral. It spans across 3.38 acres and consists of 391 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $102,950,000
Address: 3450 NW 85th Court, Doral
Market: Doral
Units: 391
Acres: 3.38

In this transaction, the lender of the construction loan was Santander Bank, represented by Tim Wennes. The landlord of the property is Lincoln Property Co., with Tim Byrne as their representative.

Players

All
1

Lenders
1

Santander Bank

Details

Deal Summary

FINANCED

IMAGE: Tim Wennes & Tim Byrne DATE: 10/25/2022 ADDRESS: 3450 NW 85th Court MARKET: Doral ASSET TYPE: Multifamily ~ UNITS: 391 ~ ACRES: 3.38 LENDER: Santander Bank (@SantanderBankUS) - Tim Wennes LANDLORD: Lincoln Property Co.(@LincolnPropCo) - Tim Byrne LOAN AMOUNT: $102,950,000 LOAN TYPE: Construction Loan

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Address3450 Northwest 85th Court

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