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Wells Fargo Provides $70.5M Loan For Little Havana Development Site

1001 Northwest 7th Street
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This Development Site property located in FL received a loan of $70,500,000 about 2 years ago.

A development site located at 1001 NW 7th Street in Little Havana, Miami, has been involved in a recent transaction. The property spans over 6.3 acres and includes approximately 700 units. The transaction took place on January 11, 2022.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $70,500,000
  • Address: 1001 NW 7th Street, Little Havana, Miami
  • Market: Little Havana, Miami
  • Units: 700
  • Acres: 6.3

Wells Fargo provided a loan amount of $70,500,000 for this transaction. The landlord involved in this deal is Mast Capital, represented by Camilo Miguel Jr., and AEW Capital Management, represented by Jeff Furber.

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Deals
  • Location
    1001 Northwest 7th Street, Miami, FL 331361001 Northwest 7th Street, Miami, FL 33136
  • Loan Value
    $70,500,000$70,500,000
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    1 Lender1 Lender

Wells Fargo

Wells Fargo

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Deals121
Volume$ 1.1T

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Deal Summary

LOAN IMAGE: Camilo Miguel Jr & Jeff Furber DATE: 01/11/2022 ADDRESS: 1001 NW 7th Street MARKET: Little Havana, Miami ASSET TYPE: Development Site ~ UNITS: 700 ~ ACRES: 6.3 LENDER: Wells Fargo LANDLORD: Mast Capital - Camilo Miguel Jr. & AEW Capital Management - Jeff Furber LOAN AMOUNT: $70,500,000

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