Albert Khamz Secures $11.12M Refinance Loan For 4525 North Pine Island Road Retail Asset
4525 North Pine Island Road
$11,120,000
$104/SF
Building Size
106,243 SF
Asset Type
Retail
Closing
Sep 16, 2025
AI
The property asset involved in this transaction is a retail space located at 4525 North Pine Island Road in Sunrise. The total square footage of the asset is 106,243. This transaction is a refinance loan for the amount of $11,120,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,120,000
- Lender: Joe Moser & Mark Simon - Benmark Capital
- Landlord: Albert Khamz
- Broker: CJ Danzinger - Sevenstone
- Loan Type: Refinance
Key individuals in this deal include Joe Moser and Mark Simon, who represent Benmark Capital, noted as one of Miami's premier balance sheet lenders actively financing bridge loans across the East Coast. The broker involved in this transaction is CJ Danzinger, representing Sevenstone.
Players
Sunrise 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
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93