Bob Powell Of INB Bank Provides $7.2 Million Refinance Loan For The Propolis Multifamily In Miami

The asset involved in this transaction is a multifamily property located at 626 Northwest 11th Avenue in the Miami market. The property encompasses a total square footage of 20,000, and the loan amount for this refinance transaction is set at $7,200,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,200,000
• Lender: Bob Powell - INB Bank
• Landlord: The Propolis
• Broker: Emile Schachter - WD Capital Group
• Loan Type: Refinance

The deal features key participants, including Bob Powell, serving as the lender from INB Bank. Emile Schachter from WD Capital Group represents the interests of the broker in this transaction. The landlord of the property is identified as The Propolis.