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Bert R. Dweck Of Hirshmark Capital Provides $9.95M Refinance For Retail Development In Miami

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FINANCED
$9,950,000

Florida

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Retail35,000 SF
Financed 05/01/2026
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Property Image
FINANCED

Bert R. Dweck Of Hirshmark Capital Provides $9.95M Refinance For Retail Development In Miami

100 Northeast 1st Avenue & 54 Northeast 2nd Street

See Similar Deals
Retail35,000 SF
Financed 05/01/2026
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$284
Total Square Footage:35,000 SF
Transaction Type:Loan

The property asset involved in this transaction includes a retail space with a square footage of 35,000 and a development site with 15,000 square feet. The address for this transaction is 100 Northeast 1st Avenue & 54 Northeast 2nd Street, situated in the Miami market. The total loan amount for this refinance transaction is $9,950,000.

Summary of transaction details:

  • Property Type: Retail and Development Site
  • Transaction Amount: $9,950,000
  • Asset Square Footage: Retail - 35,000; Development Site - 15,000
  • Market: Miami
  • Lender: Bert R. Dweck - Hirshmark Capital
  • Landlord: Daniel Pena
  • Landlord's Representative: Adrian Edery & Josh Eliassian - Two50 Capital Group

This transaction features key individuals such as Bert R. Dweck from Hirshmark Capital who provided the loan. Additionally, the landlord of the property is Daniel Pena, represented in this deal by Adrian Edery and Josh Eliassian from Two50 Capital Group.

Players

Adrian Edery
38 deals$643.2M volume(516) 204-2668
BROKER

Josh Eliassian
Two50 Capital Group
4 deals$64.6M volume(310) 927-3466
BROKER

Bert R. Dweck
Hirshmark Capital
23 deals$105.8M volume
LENDER

Details

FINANCED
IMAGE: Josh Eliassian, Bert R. Dweck & Adrian Edery DATE: 05/01/2026 ADDRESS: 100 Northeast 1st Avenue & 54 Northeast 2nd Street MARKET: Miami ASSET TYPE: Retail ~ SF: 35,000; Development Site ~ SF: 15,000 with 344 Residential + Retail Units LENDER: Bert R. Dweck (@Bert_R_Dweck) - Hirshmark Capital (@HirshmarkCapital) LANDLORD: Daniel Pena LANDLORD'S REP: Adrian Edery & Josh Eliassian - Two50 Capital Group LOAN AMOUNT: $9,950,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,950,000.00

Monthly NOI$66,333.33
Monthly Debt Service$62,890.77
Change in Cash Flow$0.00
Refinance Proceeds$0.00