Manuel Vidal Of Metropolitan Commercial Bank Provides Loan To Acquire Retail At 551 Lincoln Road
551 Lincoln Road
$1
$0/SF
Building Size
35,240 SF
Asset Type
Retail
Closing
Aug 21, 2025
AI
The asset involved in the transaction is a retail property located at 551 Lincoln Road in the Miami Beach market, comprising a total square footage of 35,240. The loan type for this property is classified as an acquisition.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 551 Lincoln Road
- Market: Miami Beach
- Asset Size: 35,240 SF
- Lender: Manuel Vidal - Metropolitan Commercial Bank
- Broker: Robert Rivani - Black Lion
- Loan Type: Acquisition
Key individuals involved in this transaction include Manuel Vidal representing Metropolitan Commercial Bank and Robert Rivani acting on behalf of Black Lion. Their roles as the lender and broker respectively highlight their involvement in facilitating this acquisition loan for the property.
Players
Miami Beach 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
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93