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3310 South University Drive

The Feldman Companies Secures $25,909,000 Refinance Loan From New Wave Loans For Self Storage In Miramar
FINANCEDSelf Storage

The Feldman Companies Secures $25,909,000 Refinance Loan From New Wave Loans For Self Storage In Miramar

3310 South University Drive

$25,909,000

$205/SF

Building Size

125,816 SF

Asset Type

Self Storage

Closing

Apr 26, 2026

AI

The property asset involved is a self-storage facility located at 3310 South University Drive in the Miramar market. The facility spans 125,816 square feet and has a loan amount of $25,909,000, which is categorized as a refinance loan.

Summary of transaction details:

The key individuals involved in this transaction are Jordan Feldman, Mitchell Feldman, and Ryan Briggs, representing The Feldman Companies, which serves as the landlord for the property. New Wave Loans is the lender providing the refinancing for this asset.

Players

New Wave Loans
New Wave LoansLender

Mitchell Feldman

The Feldman Companies

Landlord

$322.1M

vol

19 deals

Landlord

Miramar Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93