Stormfield Capital Provides $3M Bridge Loan For Multifamily Property In Miami Beach, FL

The multifamily property located at 7291 Gary Avenue in Miami Beach, FL has been involved in a recent transaction. The property spans a total of 15,430 square feet and consists of 18 units. The transaction took place on October 13, 2021.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Address: 7291 Gary Avenue, Miami Beach, FL
• Market: Miami Beach, FL
• Landlord: Lee Cohen & Arash Gohari
• Lender: Stormfield Capital - Wesley Carpenter & Daniel Heetmann
• Brokers: Max Ralby - HKS Capital Partners
• Loan Type: Bridge Loan

Wesley Carpenter and Daniel Heetmann from Stormfield Capital provided the bridge loan of $3,000,000 for this transaction. The landlord of the property is Lee Cohen and Arash Gohari. Representing the deal as brokers, Max Ralby of HKS Capital Partners facilitated the transaction.