Metropolitan Commercial Bank Provides $2.4M Refinance Loan For Retail Property On Miracle Mile In Coral Gables

A retail property located at 315-317 Miracle Mile in Coral Gables has undergone a refinancing transaction. The property spans approximately 5,374 square feet and is owned by Mening Hospitality, represented by Keith Menin and Jared Galbut.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,418,000
• Address: 315-317 Miracle Mile, Coral Gables
• Market: Coral Gables

The lender for this refinancing deal is Metropolitan Commercial Bank, represented by Manuel Vidal. The loan amount provided by the bank is $2,418,000. This transaction serves as a means for the landlord, Mening Hospitality, to refinance the property in question.