Amerant Bank Provides $30M Refinance Loan For Retail Property On NE 79th Street In Miami

Located at 591 NE 79th Street in Miami, the Midpoint Shopping Center is a retail property spanning 350,000 square feet. The property was involved in a recent transaction.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $30,000,000
• Lender: amerant''>Amerant Bank
• Landlord: Global Fund Investments & MMG Equity Partners
• Brokers: Doron Valero - Global Fund Investments & Gabe Navarro - MMG Equity Partners

In this deal, a refinance loan in the amount of $30,000,000 was secured by the property. Amerant Bank provided the loan to the landlord, Global Fund Investments, and MMG Equity Partners. The transaction involved the representation of the two parties by their respective brokers, Doron Valero from Global Fund Investments and Gabe Navarro from MMG Equity Partners.