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

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:

• Property Type: Multifamily
• Transaction Amount: $30,500,000
• Lender: Robert Schwartz & Steven Jemal - S3 Capital Partners
• Developers: Mauricio Moya - VDA; Sergio Guzmán
• Brokers: Mauricio Ordoñez & Gaston Schneider - Q Kapital Group; Carlos Vázquez - Nexos Invest
• Loan Type: Construction
• Loan Terms: 2 Years
• Market: Bay Harbor Islands

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.