Thor Equities Secures $33.5M Bridge Loan For Retail Property In Wynwood, Miami

Located at 2800 NW 2nd Avenue in Wynwood, Miami, the retail property spans approximately 62,000 square feet.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $33,475,000
• Lender: Ladder Capital - Marc Waldman, Matthew Baron & Matthew Fogel
• Landlord: Thor Equities - Joe Sitt & Jason Shein
• Brokers: Robert Verrone, Anthony D'Amelio & Frank Meli - Iron Hound Management

The loan for the property was provided by Ladder Capital, with Marc Waldman, Matthew Baron, and Matthew Fogel representing the lender. Thor Equities, led by Joe Sitt and Jason Shein, serves as the landlord for the transaction. The deal was brokered by Iron Hound Management, with Robert Verrone, Anthony D'Amelio, and Frank Meli representing the brokerage. The loan, totaling $33,475,000, was of the bridge type.