Maxim Capital Provides $4.32M Acquisition Loan For Fort Lauderdale Development Site

A development site in Fort Lauderdale has been the subject of a recent loan transaction. The property, located at 408-410 & 416 NE 1st Ave 415-417, 425, 429 NE 2nd Ave 404 NW 1st Ave & 418 NE 2nd Ave, has attracted the attention of Maxim Capital, who provided the loan for its acquisition.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $4,320,000
• Lender: Maxim Capital - Josh Greene & Adam Glick
• Broker: Max Ralby - HKS Real Estate Advisors

The loan amount for this transaction was $4,320,000, and it was specifically used for the acquisition of the development site. The lender responsible for providing the loan was Maxim Capital, represented by Josh Greene and Adam Glick. Assisting in the deal was broker Max Ralby from HKS Real Estate Advisors.