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551 Lincoln Road

Manuel Vidal Of Metropolitan Commercial Bank Provides Loan To Acquire Retail At 551 Lincoln Road
FINANCEDRetail

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

Robert Rivani

Black Lion

Broker

$512M

vol

53 deals

Broker
Black Lion
Black LionBrokerage
Manuel Vidal

Manuel Vidal

Metropolitan Commercial Bank

Lender

$10.5M

vol

4 deals

Lender
Metropolitan Commercial Bank
Metropolitan Commercial BankLender

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