Vertix Group Provides $10M Bridge Loan For Office Property At 888 Brickell Avenue In Brickell, Miami

An office property located at 888 Brickell Avenue in the Brickell market of Miami has recently undergone a loan transaction. The asset, spanning 53,189 square feet, was involved in a bridge loan deal.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $10,000,000
• Lender: Vertix Group - Frank Hermosa & Albert Arisso

The loan, provided by the Vertix Group and facilitated by Frank Hermosa and Albert Arisso, has a value of $10,000,000. This bridge loan deal allows for temporary financing for the office property at 888 Brickell Avenue. The transaction highlights the involvement of the Vertix Group as the lender and their representatives, Frank Hermosa and Albert Arisso.