Shaun Ashkenazy Of Lendyx Originates $10.5 Million Construction Loan For Nouri Group In Miami
$10,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Apr 12, 2026
AI
A $10.5 million construction loan has been originated for a ground-up ultra-luxury single-family residence located in Miami, Florida. This project is spearheaded by the Miami-based developer known for The Global Collection, which is characterized by its unique architectural residences defined by design, scarcity, and precision.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,500,000
- Lender: Shaun Ashkenazy - Lendyx
- Landlord: Nouri Group
- Loan Type: Construction
Shaun Ashkenazy, who is the founder and CEO of Lendyx, played a crucial role in originating the loan and managing the execution through to closing. This transaction contributes to Lendyx's expanding portfolio of significant residential construction financing initiatives since its inception.
Players
Miami Shores Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93