The asset involved in this transaction is a multifamily property located in North Bay Village, encompassing a total square footage of 210,092. The loan amount secured for this development is $67,000,000, structured as a construction loan.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $67,000,000
• Lender: Robert Schwartz & Steven Jemal - S3 Capital Partners
• Landlord: Vivian Zumot Dimond - Brown Harris Stevens
• Broker: Ken Klein - Klein Kapital Advisors
• Loan Type: Construction

The key individuals involved in this transaction include Robert Schwartz and Steven Jemal, who represent S3 Capital Partners, a company focused on financing multifamily transactions across various markets. Vivian Zumot Dimond represents the interests of Brown Harris Stevens, while Ken Klein acts as the broker representing the deal for Klein Kapital Advisors. S3 Capital emphasizes its commitment to loan opportunities exceeding $1 million.