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Corinthian Capital & Triangle Capital Acquire North Miami Beach Multifamily For $67M Loan

2375 Northeast 173rd Street, 7550 Stirling Road, 2940 Forest Hills Boulevard
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This MultiFamily property located in FL received a loan of $67,000,000 about 2 years ago. The brokers of the deal were Daniel (Danny) Matz, Daniel Fromm, Dustin Stolly, and Jordan (Jordy) Roeschlaub

A multifamily property located at 2375 NE 173rd Street, 7550 Stirling Road, and 2940 Forest Hills Blvd in North Miami Beach has recently been involved in a closed transaction. The property includes a total of 371 units and spans approximately 350,000 square feet.

Summary of transaction details

The loan for the acquisition of this multifamily property was provided by Ladder Capital. The landlord involved in the transaction includes Corinthian Capital and Triangle Capital. The brokers who represented the deal were Dustin Stolly, Jordan Roeschlaub, Daniel Fromm, and Daniel Matz from Newmark.

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Deals
  • Location
    2375 Northeast 173rd Street, North Miami Beach, Florida 33162, United States2375 Northeast 173rd Street, North Miami Beach, Florida 33162, United States
  • Loan Value
    $67,000,000$67,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Daniel (Danny) Matz

Daniel (Danny) Matz

Deals24
Financed$2.8B

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Daniel Fromm

Daniel Fromm

Deals60
Financed$4.2B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Agency

Newmark

Newmark

Agency
Deals3893
Volume$397.4B

Ladder Capital

Ladder Capital

Lender
Deals32
Volume$ 704.4B

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Deal Summary

LOAN IMAGE: Daniel Matz, Jordan Roeschlaub, Dustin Stolly & Daniel Fromm DATE: 03/10/2022 ADDRESS: 2375 NE 173rd Street, 7550 Stirling Road, 2940 Forest Hills Blvd MARKET: North Miami Beach ASSET TYPE: Multifamily ~ UNITS: 371 ~ SF: 350,000 LENDER: Ladder Capital LANDLORD: Corinthian Capital & Triangle Capital BROKERS: Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub), Daniel Fromm (@Ddwb) & Daniel Matz - Newmark LOAN AMOUNT: $67,000,000 LOAN TYPE: Acquisition

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2375 Northeast 173rd Street, 7550 Stirling Road, 2940 Forest Hills Boulevard

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