Jose Castellano And Joe Olin Of Sphere Properties Secure $26 Million Construction Loan In Miami

The transaction involves a multifamily asset located at 845 Northwest 12th Street in the Miami market. The loan amount secured for this property is $26,000,000, designated for construction purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $26,000,000
• Lender: Brora Capital
• Landlord: Jose Castellano & Joe Olin - Sphere Properties
• Loan Type: Construction

Key parties involved in the transaction include Brora Capital as the lender, while the landlords representing the property are Jose Castellano and Joe Olin, affiliated with Sphere Properties. These individuals play crucial roles in the execution of the loan agreement for the construction project on the asset.