facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Loan

/

2200 Northwest 1st Avenue

Winston Fisher Of Fisher Brothers Secures $117.5 Million Refinance Loan For 2200 Northwest 1st Avenue
FINANCEDMultiFamily

Winston Fisher Of Fisher Brothers Secures $117.5 Million Refinance Loan For 2200 Northwest 1st Avenue

2200 Northwest 1st Avenue

$117,500,000

$477/SF

Building Size

246,197 SF

Asset Type

MultiFamily

Closing

Mar 15, 2026

AI

The property involved in this transaction is a multifamily asset located at 2200 Northwest 1st Avenue in Miami, featuring 308 units and a total square footage of 246,197. The loan amount for this refinance transaction is $117,500,000.

Summary of transaction details:

The transaction features key individuals such as Mark Gormley from Bain Capital, serving as the lender, and Winston Fisher from Fisher Brothers, acting as the landlord. The brokerage representation came from a team at Walker & Dunlop, consisting of multiple professionals including Keith Kurland and Aaron Appel among others, highlighting collaborative efforts in this refinancing deal.

Players

Aaron Appel

Walker & Dunlop

Broker

$32.9B

vol

196 deals

Broker
Bain Capital
Bain CapitalLender
Mark Gormley

Mark Gormley

Bain Capital

Originator

$837.5M

vol

2 deals

Originator

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93