Vivian Zumot Dimond Of Brown Harris Stevens Secures $67M Construction Loan Through S3 Capital Partners
$67,000,000
$318/SF
Building Size
210,092 SF
Asset Type
MultiFamily
Closing
Dec 16, 2025
AI
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.
Players
North Bay Village MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93