Daniel Taylor Of Lendyx Secures $10 Million Construction Loan For Waterfront Residences In North Miami

The property asset involved in this transaction is situated in Sans Souci, North Miami. The market features single-family waterfront residences that are currently under construction, funded by a loan tailored for two interconnected projects. The financing structure allows for streamlined development through a singular lender's view on the waterfront market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $10,000,000
• Lender: Daniel Taylor - Lendyx
• Loan Type: Construction
• Loan Terms: 24 months

Daniel Taylor, Managing Director at Lendyx, orchestrated the closing of this loan, which is focused on the development of two side-by-side waterfront residences. The strategic decision to fund both builds simultaneously facilitates efficiency in the construction timeline and ensures that both projects can progress without delay.