FINANCED
First National Bank Refinances Mixed-Use Property On Española Way In Miami Beach For $15M
401 Española Way
Mixed-use
Financed 1 year ago
Summary
Loan
FLORIDA
Mixed-use
First National Bank - South Miami has provided a $15,000,000 loan to refinance the mixed-use property located at 401 Española Way in Miami Beach. The loan terms are set for 10 years with a fixed rate.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $15,000,000
- Lender: First National Bank - South Miami
- Landlord: Scott Robins Companies
- Broker: Scott Wadler, Matt Nihan & Mike Basinski - Berkadia
Espanola Way, an iconic lifestyle retail strip, is situated at the heart of Espanola Way, a charming tree-lined pedestrian-only street in South Beach, Miami. The area is known for its Spanish French style architecture and offers an abundance of walkable attractions.
The team involved in this transaction includes Scott Wadler, Matt Nihan, and Mike Basinski from Berkadia, who represented the parties in the deal.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Mike Basinski, Scott Wadler & Matt Nihan
DATE: 07/28/2022
ADDRESS: 401 Española Way
MARKET: Miami Beach
ASSET TYPE: Mixed-use
LENDER: First National Bank - South Miami
LANDLORD: Scott Robins Companies
BROKER: Scott Wadler, Matt Nihan & Mike Basinski - Berkadia
LOAN AMOUNT: $15,000,000
LOAN TYPE: Refinance
LOAN TERMS: 10 years, fixed rate
NOTE FROM BROKERS: Espanola Way is an iconic lifestyle retail strip located at the heart of Espanola Way, a tree-lined pedestrian-only street in South Beach, Miami known for its charming Spanish French style architecture and an abundance of walkable attractions.View on map
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Address401 Española Way
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