David Burstyn Of Winston Capital Management Provides $11.3M Bridge Loan For Miami Beach Property

The property asset involved in this transaction is located at 4810 North Bay Road, Miami Beach. It is a single-family asset measuring 6,884 square feet and is situated on one of the most prestigious streets in the United States. The loan amount for this transaction is $11,300,000, and it is structured as a bridge loan with a term of one year.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $11,300,000
• Address: 4810 North Bay Road
• Market: Miami Beach
• Lender: David Burstyn - Winston Capital Management
• Loan Type: Bridge
• Loan Terms: 1 year

The deal was facilitated by David Burstyn, representing Winston Capital Management, which specializes in business-purpose loans to real estate investors. The firm is known for its ability to fund transactions quickly compared to traditional banks, catering to real estate investors with needs ranging from $5 million to $100 million.