FINANCEDRetail
Ziv Cohen Secures $15 Million Refinance Loan From Ocean Bank For Wynwood Retail Asset
179-190 Nw 27 St & 2601-2699 Nw 2nd Ave, Miami, Fl 33127
$15,000,000
$605/SF
Building Size
24,763 SF
Asset Type
Retail
Closing
Jun 11, 2026
About this deal
AI
The asset involved is a retail property located at 179-190 Northwest 27 Street & 2601-2699 Northwest 2nd Avenue in the Wynwood market of Miami. It encompasses a total square footage of 24,763 and is linked to a loan transaction amounting to $15,000,000, categorized as a refinance.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,000,000
- Loan Type: Refinance
- Lender: Ocean Bank
- Landlord: Anna Nobey
- Broker: Ziv Cohen - Cohen Capital Group
Key individuals involved in this transaction include the landlord Anna Nobey, representing the property ownership, and Ziv Cohen from Cohen Capital Group, who facilitated the deal as the broker. The lending institution for this refinance is Ocean Bank.
Players
Ocean BankLender
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93