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Edwin Gelman Of Hirshmark Capital Provides $4.15M Refinance Loan For Retail Asset In Miami

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FINANCED
$4,150,000

Florida

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Retail
Financed 08/29/2025
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Property Image
FINANCED

Edwin Gelman Of Hirshmark Capital Provides $4.15M Refinance Loan For Retail Asset In Miami

4300 Northeast 2nd Avenue

See Similar Deals
Retail
Financed 08/29/2025
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Summary

FLORIDA
Asset Type:Retail
Transaction Type:Loan

The asset involved in this transaction is a retail property located at 4300 Northeast 2nd Avenue in the Miami market. The loan amount is $4,150,000, and it is categorized as a refinance loan. The transaction reflects financial activity concerning the specified asset type without further detail on its features or specifications.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,150,000
  • Lender: Edwin Gelman - Hirshmark Capital
  • Landlord: Allison Greenfield
  • Landlord's Representative: Emile Schachter - WD Capital Group
  • Loan Type: Refinance
  • Date of Transaction: 08/29/2025

Key individuals involved in this transaction include Edwin Gelman, representing Hirshmark Capital as the lender, and Allison Greenfield, the landlord. Emile Schachter is noted as the representative for the landlord, affiliated with WD Capital Group, playing a critical role in facilitating the loan agreement.

Players

22 deals$419.9M volume
BROKER

Hirshmark Capital
LENDER

Details

FINANCED
IMAGE: Edwin Gelman & Emile Schachter DATE: 08/29/2025 ADDRESS: 4300 Northeast 2nd Avenue MARKET: Miami ASSET TYPE: Retail LENDER: Edwin Gelman - Hirshmark Capital (@HirshmarkCapital) LANDLORD: Allison Greenfield LANDLORD'S REP: Emile Schachter (@EmileSchachter) - WD Capital Group LOAN AMOUNT: $4,150,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$4,150,000.00

Monthly NOI$27,666.67
Monthly Debt Service$26,230.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00