Multiplan Real Estate Asset Management Secures $58.5M Loan For 70-Unit Multifamily Property In Miami Beach With Bank OZK | 5775 Collins Avenue | Bank OZK | Manny de Zarraga, Jesse Wright | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

3,443 sqft

The multifamily property located at 5775 Collins Avenue in Miami Beach has been closed in a transaction. The property consists of 70 units and the loan amount for the deal was $58,500,000. The lender involved in this transaction was Bank OZK. The landlord of the property is Multiplan Real Estate Asset Management, represented by José Isaac Peres and Marcelo Kingston.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $58,500,000
Address: 5775 Collins Avenue, Miami Beach
Market: Miami Beach
Units: 70

The brokers representing the deal were Manny de Zárraga and Jesse Wright from JLL.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Manny de Zarraga

Executive Managing Director

$444.2M Sold

$104.7M Sold

Details

Deal Summary

FINANCED

IMAGE: José Isaac Peres, Marcelo Kingston, Manny de Zárraga & Jesse Wright DATE: 05/05/2020 ADDRESS: 5775 Collins Avenue @57Ocean MARKET: Miami Beach ASSET TYPE: Multifamily LENDER: Bank OZK LANDLORD: Multiplan Real Estate Asset Management – José Isaac Peres, Marcelo Kingston BROKERS: Manny de Zárraga & Jesse Wright – JLL LOAN AMOUNT: $58,500,000 UNITS: 70

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Address5775 Collins Avenue

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