FINANCED
Turnberry Associates Obtains $55M Loan For Mixed-use Property In Miami Beach
1698 Alton Road
Mixed-use
185,388 SF
185,388 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Mixed-use
185,388 sqft
1698 Alton Rd, a mixed-use property with a total square footage of 185,388, located in Miami Beach's South Beach, has recently undergone a closed transaction. The deal involved multiple parties, including the landlord Turnberry Associates - Rock Soffer, Elion Partners & Privee Capital, and the lender Ladder Capital.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $55,000,000
- Market: Miami Beach, South Beach
- Address: 1698 Alton Rd
- Square Footage: 185,388
Dustin Stolly, Jordan Roeschlaub, Nick Scribani & Chris Kramer from Newmark represented the landlord and acted as brokers in the deal.
Players
All
6
Agents
4
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Chris Kramer, Jordan Roeschlaub, Dustin Stolly & Nick Scribani
DATE: 11/11/2021
ADDRESS: 1698 Alton Rd
MARKET: Miami Beach, South Beach
ASSET TYPE: Mixed-use ~ SF: 185,388
LENDER: Ladder Capital
LANDLORD: Turnberry Associates - Rock Soffer; Elion Partners & Privee Capital
BROKERS: Dustin Stolly, Jordan Roeschlaub, Nick Scribani & Chris Kramer - Newmark
LOAN AMOUNT: $55,000,000View on map
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Address1698 Alton Road
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