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1281 Nw 61 St
FINANCED

LendVent Realty Capital Provides $1.7M Bridge Loan For Miami Multifamily Property

1281 Nw 61 St

MultiFamily
15,757 SF
clock iconFinanced 1 year ago
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Summary

Loan
FLORIDA
MultiFamily
15,757 sqft

A bridge loan of $1,700,000 was secured for the acquisition of a multifamily property located at 1281 NW 61st Street in Miami. The property consists of 33 units with a total square footage of 15,757. The loan was provided by LendVent Realty Capital and the borrower's representative in the deal is John Femenia.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,700,000
  • Units: 33
  • Square Footage: 15,757
  • Market: Miami

The landlord of the property is Y Apartments, represented by Joseph Cohen. The bridge loan has a term of 12 months. The deal was finalized on 02/15/2023.

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LendVent Realty Capital's profile picture
LendVent Realty Capital
LendVent Realty Capital

Details

Deal Summary
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FINANCED
IMAGE: John Femenia DATE: 02/15/2023 ADDRESS: 1281 Nw 61 St MARKET: Miami ASSET TYPE: MultiFamily ~ UNITS: 33 ~ SF: 15,757 LENDER: LendVent Realty Capital (@Lendvent_Realty_Capital) - John Femenia (@JohnFemenia) LANDLORD: Y Apartments - Joseph Cohen LOAN AMOUNT: $1,700,000 LOAN TYPE: Bridge LOAN TERMS: 12 Months

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Address1281 Nw 61 St

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