Barrington Brothers LLC Secures $60M Construction Loan For Miami Multifamily Property

495 Northeast 83rd Street

MultiFamily

202,238 SF

Financed 1 year ago

Summary

Loan

FLORIDA

MultiFamily

202,238 sqft

The multifamily property located at 495 Northeast 83rd St in Miami has been involved in a recent transaction. The property consists of 282 units and is owned by Barrington Brothers LLC.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $60,000,000
Market: Miami
Loan Type: Construction Loan

Trez Capital, represented by Morley Greene, provided a construction loan of $60,000,000 for the property. JLL Capital Markets acted as the broker in this transaction.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$128.8M Sold

Details

Deal Summary

FINANCED

IMAGE: Morley Greene DATE: 03/11/2022 ADDRESS: 495 Northeast 83rd St MARKET: Miami ASSET TYPE: Multifamily ~ UNITS: 282 LENDER: Trez Capital - Morley Greene LANDLORD: Barrington Brothers LLC BROKER: JLL Capital Markets LOAN AMOUNT: $60,000,000 LOAN TYPE: Construction Loan

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Address495 Northeast 83rd Street

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