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4400 Northeast 2nd Avenue

Ophir Sternberg's Lionheart Capital Secures $6,800,000 Refinance Loan From Sheridan Capital In Miami
FINANCEDRetail

Ophir Sternberg's Lionheart Capital Secures $6,800,000 Refinance Loan From Sheridan Capital In Miami

4400 Northeast 2nd Avenue

$6,800,000

Building Size

Asset Type

Retail

Closing

Jun 21, 2026

AI

The property asset involved in this transaction is a retail space located at 4400 Northeast 2nd Avenue in the Miami market. The loan involved in this deal is a refinance loan amounting to $6,800,000.

Summary of transaction details:

This transaction highlights the key participants in the deal, with Ophir Sternberg representing Lionheart Capital as the sponsor. Lee Schwartz of Sheridan Capital acted as the loan originator, facilitating the refinance process for the retail asset.

Players

Ophir Sternberg

Broker

$220.5M

vol

7 deals

Broker

Lee Schwartz

Sheridan Capital

Originator

$122.7M

vol

9 deals

Originator

Market Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93