facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Self Storage

/

Loan

/

7140 Northeast Miami Court

Ryan Briggs, Mitchell Feldman, Jordan Feldman, And Rex Guzman Secure $21.5M Construction Loan For Self Storage In Miami
FINANCEDSelf Storage

Ryan Briggs, Mitchell Feldman, Jordan Feldman, And Rex Guzman Secure $21.5M Construction Loan For Self Storage In Miami

7140 Northeast Miami Court

$21,500,000

$156/SF

Building Size

137,305 SF

Asset Type

Self Storage

Closing

Jan 5, 2026

AI

The asset involved in this transaction is a self-storage facility located at 7140 Northeast Miami Court, Miami, with a total square footage of 137,305. A construction loan amounting to $21,500,000 has been secured for this property.

Summary of transaction details:

Key individuals involved in this transaction include the landlords who are part of The Feldman Companies, and the representatives from Meridian Capital Group, Naphtali Marrus and Benjamin Nevid, who facilitated the loan arrangement for the landlords.

Players

Benjamin Nevid

Meridian Capital Group

Broker

$2.4B

vol

24 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage
Mitchell Feldman

Mitchell Feldman

The Feldman Companies

Landlord

$322.1M

vol

19 deals

Landlord

Miami Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93