Santander Bank Provides $57.3M Loan For Miami-Dade County Development Site

48th Avenue & 40th Street

Development Site

Financed 1 year ago

Summary

Loan

FLORIDA

Development Site

A development site located at 48th Ave & 40th St in Miami-Dade County has been involved in a closed transaction. The property was acquired by Zom Living, Scout Capital, and Mattoni Group.

Summary of transaction details

Property Type: Development site
Transaction Amount: $57,300,000
Units: 338
Lender: Santander Bank

Zom Living, Scout Capital, and Mattoni Group were the buyers in this transaction. Santander Bank provided the loan amount of $57,300,000. The development site consists of 338 units.

Details

Deal Summary

FINANCED

IMAGE: Greg West, Vincent Signorello & Ricardo Caporal DATE: 05/04/2020 ADDRESS: 48th Ave & 40th St MARKET: Miami-Dade County ASSET TYPE: Development site LENDER: Santander Bank LANDLORD: Zom Living - Greg West, Scout Capital - Vincent Signorello, Mattoni Group - Ricardo Caporal LOAN AMOUNT: $57,300,000 UNITS: 338

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Address48th Avenue & 40th Street

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