Florida Credit Union Refinances Loan On Special Purpose Property In Miami River For $16.5M

Located in the Miami River market, the special purpose property at 1884 NW N River Dr has recently undergone a refinancing transaction. The property spans across 9.25 acres and is owned by Zerby Interests. The loan for this transaction was provided by Florida Credit Union, amounting to $16,500,000. The brokers involved in this deal were Scott Wadler and Alec Fox from Berkadia.

Summary of transaction details

• Property Type: Special Purpose
• Transaction Amount: $16,500,000
• Address: 1884 NW N River Dr
• Market: Miami River
• Landlord: Zerby Interests
• Brokers: Scott Wadler & Alec Fox - Berkadia

It's worth noting that this refinancing deal showcases the involvement of Scott Wadler and Alec Fox, who represent Berkadia in this transaction.