Alta Developers Secures $77.1M Construction Loan For Miami Multifamily Property

9600 South Dixie Highway, Miami, Florida, USA

$77,115,000

$6,788/SF

Building Size

11,360 SF

Asset Type

MultiFamily

Closing

Nov 3, 2021

AI

The multifamily property located at 9600 S. Dixie Highway in Miami, FL was involved in a closed transaction on 11/03/2021. The property consists of 296 units and is owned by Raimundo Onetto of Alta Developers.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $77,115,000
Loan Type: Construction

Mack Real Estate Credit Strategies provided a loan of $77,115,000 for the construction of the property. The brokers involved in the deal were Ronnie Levine, Ben Jacobs, and Andrew Liebhard from Meridian Capital Group, along with Israel Lerner from Legend International Transport LLC.

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