Updated Aug 12, 2025
S3 Capital Partners Provides $6.6 Million Construction Loan For Multifamily Property In Miami
$6,600,000
$331/SF
Building Size
19,937 SF
Asset Type
MultiFamily
Closing
Jul 24, 2025
About this deal
AI
This multifamily property transaction involves a loan amount of $6,600,000 for a total square footage of 19,937 and consists of 24 units located in the Miami, FL market. The loan type is construction with terms extending for 2 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,600,000
- Market: Miami, FL
- Lender: Robert Schwartz & Steven Jemal - S3 Capital Partners
- Loan Type: Construction
- Loan Terms: 2 Years
Robert Schwartz and Steven Jemal of S3 Capital Partners are recognized as leading capital providers actively financing multifamily transactions. Their focus is on loan opportunities exceeding $1 million across various markets, specifically from New York to Texas. For inquiries, they can be contacted at [email protected].
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93