Adam J. Tiktin Secures $4.8 Million Refinance Loan From MidFlorida Credit Union For Retail Asset In Miami
13710 Southwest 88th Street
$4,800,000
$273/SF
Building Size
17,545 SF
Asset Type
Retail
Closing
Sep 18, 2026
About this deal
AI
The property asset involved in this transaction is a retail space situated at 13710 Southwest 88th Street in the Miami market. The total square footage of the asset is 17,545. A refinance loan has been secured for this property.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $4,800,000
- Lender: MidFlorida Credit Union
- Borrower: Adam J. Tiktin - United Capital
- Landlord's Representative: Eric Trombly - Black Bear Capital Partners
- Loan Type: Refinance
Key individuals in this transaction include Adam J. Tiktin, who is representing United Capital as the borrower, and Eric Trombly, who is the landlord's representative from Black Bear Capital Partners. Their roles were integral in facilitating this refinance agreement.
On the Map
$4,800,000
$273/SF
Retail
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Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93