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S3 Capital Partners Provides $30.5 Million Construction Loan For 27-Unit Multifamily Project In Bay Harbor Islands

Property Image
FINANCED
$30,500,000
Robert Schwartz
Mauricio Ordoñez
+ 2

Florida

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MultiFamily
Financed 06/19/2025
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Property Image
FINANCED

S3 Capital Partners Provides $30.5 Million Construction Loan For 27-Unit Multifamily Project In Bay Harbor Islands

MultiFamily
Financed 06/19/2025
Robert Schwartz
Mauricio Ordoñez
+ 2
Contact now

Summary

Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in this transaction is a multifamily property comprising 27 units located in the Bay Harbor Islands market. A construction loan was secured for the development with a total amount of $30,500,000, structured for a duration of 2 years.

Summary of transaction details:

The key individuals involved in the deal include Robert Schwartz and Steven Jemal representing S3 Capital Partners as the lenders, while Mauricio Moya and Sergio Guzmán act as the developers of the multifamily property. The brokerage representation includes Mauricio Ordoñez and Gaston Schneider from Q Kapital Group, along with Carlos Vázquez from Nexos Invest.

Players

Mauricio Ordoñez
7 deals$84.6M volume
BROKER

Gaston Schneider
Q Kapital Group
8 deals$91.9M volume(305) 504-1878
BROKER

Carlos Vázquez
Nexos Invest
7 deals$91.6M volume(305) 846-0214
BROKER

Q Kapital Group
BROKERAGE

Nexos Invest
BROKERAGE

Steven Jemal
S3 Capital
118 deals$3.1B volume
LENDER

Details

FINANCED
IMAGE: Mauricio Moya, Sergio Guzmán, Robert Schwartz, Steven Jemal, Mauricio Ordoñez, Gaston Schneider & Carlos Vázquez DATE: 06/20/2025 MARKET: Bay Harbor Islands ASSET TYPE: Multifamily ~ UNITS: 27 LENDER: Robert Schwartz & Steven Jemal (@SFJemal) - S3 Capital Partners (@S3Capital) DEVELOPERS: Mauricio Moya - VDA; Sergio Guzmán BROKERS: Mauricio Ordoñez (@MauricioOrdonezz) & Gaston Schneider (@Gesmiami) - Q Kapital Group; Carlos Vázquez (@CarlosVazquez.fl) - Nexos Invest (@NexosInvest) LOAN AMOUNT: $30,500,000 LOAN TYPE: Construction LOAN TERMS: 2 Years NOTE FROM LENDER: S3 Capital is a leading capital provider actively financing multifamily transactions across markets from New York to Texas, with a focus on loan opportunities exceeding $1 million. Reach out to [email protected] with any inquiries

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$30,500,000.00

Monthly NOI$203,333.33
Monthly Debt Service$192,780.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00