Seena Talas & Bobby Talas Of Flatiron Realty Capital Close $6 Million Refinance In Miami Beach

This transaction involves a single-family asset located in Miami Beach. The loan amount for this refinancing deal is $6,000,000, which is designated for ground-up construction refinance. The property is situated on Miami Beach's iconic North Bay Road.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $6,000,000
• Lender: Seena Talas & Bobby Talas - Flatiron Realty Capital
• Loan Type: Refinance
• Loan Terms: Ground-Up Construction Refinance

Seena Talas and Bobby Talas represent Flatiron Realty Capital in this transaction. This lender has closed an 18-month ground-up construction loan, and the borrower, having originally financed the land acquisition, returned to refinance their existing loan and secure construction financing for their project. This deal contributes to Flatiron's extensive portfolio in Southeast Florida.