Cymbal DLT Companies Secures $102.5M Construction Loan For Multifamily In Opa-locka, Miami Gardens | 20775 Northwest 17th Avenue | Jose Fernandez, Avery Klann, Christian Uriarte | Other | Loan

Summary

Loan

FLORIDA

Other

5,000 sqft

The multifamily property located at 20775 NW 17th Ave in Opa-locka, Miami Gardens has been involved in a recent closed transaction.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $102,500,000
Units: 341
Acres: 14
Address: 20775 NW 17th Ave, Opa-locka, Miami Gardens

The lender in this transaction was Related Fund Management. The landlord of the property is Cymbal DLT Companies, represented by Asi Cymbal & Hector Torres. The mortgage broker involved in the deal was Christian Uriarte from Torus Capital Group. The brokers who facilitated the transaction were Avery Klann from Newmark and Jose Fernandez from Marcus & Millichap.

The loan amount secured for this transaction was $102,500,000, and it was utilized for construction purposes.

Players

All
5

Agents
3
Agencies
2

$12.3M Sold

$819.8M Sold

Details

Deal Summary

FINANCED

IMAGE: Asi Cymbal & Hector Torres DATE: 06/10/2022 ADDRESS: 20775 NW 17th Ave MARKET: Opa-locka, Miami Gardens ASSET TYPE: Multifamily ~ UNITS: 341 ~ ACRES: 14 LENDER: Related Fund Management LANDLORD: Cymbal DLT Companies - Asi Cymbal & Hector Torres MORTGAGE BROKER: Christian Uriarte - Torus Capital Group BROKERS: Avery Klann - Newmark (@Newmark) & Jose Fernandez - Marcus & Millichap (@MarcusMillichap_Houston) LOAN AMOUNT: $102,500,000 LOAN TYPE: Construction

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Address20775 Northwest 17th Avenue

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