LeFrak Organization & Turnberry Associates Secure $32M Loan For North Miami Multifamily

15055 Biscayne Boulevard

MultiFamily

6,601 SF

Financed 1 year ago

Summary

Loan

FLORIDA

MultiFamily

6,601 sqft

Located at 15055 Biscayne Blvd in North Miami, this closed property transaction involves a multifamily asset. The deal was finalized on March 31, 2021.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $32,000,000
Number of Units: 187
Lot Size: 2.55 acres

JPMorgan Chase Bank, represented by Jamie Dimon, provided a loan of $32,000,000 for this transaction. The property's landlords are the LeFrak Organization, represented by Richard LeFrak, and Turnberry Associates, represented by Jackie Soffer.

Players

All
1

Lenders
1

J.P. Morgan Chase & Company

Details

Deal Summary

FINANCED

IMAGE: Richard LeFrak, Jamie Dimon & Jackie Soffer DATE: 03/31/2021 ADDRESS: 15055 Biscayne Blvd MARKET: North Miami ASSET TYPE: Multifamily LENDER: JPMorgan Chase Bank - Jamie Dimon LANDLORD: LeFrak Organization - Richard LeFrak & Turnberry Associates - Jackie Soffer LOAN AMOUNT: $32,000,000 UNIS: 187 ACRES: 2.55

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Address15055 Biscayne Boulevard

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