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7918 West Drive

Vivian Zumot Dimond Of Brown Harris Stevens Secures $67M Construction Loan Through S3 Capital Partners
FINANCEDMultiFamily

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:

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

Ken Klein

Klein Kapital Advisors

Broker

$122.5M

vol

5 deals

Broker
Steven Jemal

Steven Jemal

S3 Capital

Lender

$3.5B

vol

127 deals

Lender
S3 Capital
S3 CapitalLender
Brown Harris Stevens
Brown Harris StevensLandlord

North Bay Village MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

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