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Sheridan Capital Provides $12M Refinance Loan For Industrial Property At 2509 N Miami Ave

2509 North Miami Avenue
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This Industrial property located in FL received a loan of $12,000,000 about 2 years ago.

The industrial property located at 2509 N Miami Ave in Miami has recently undergone a loan refinancing transaction. The property spans across 20,000 square feet, making it a significant asset in the market.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $12,000,000
  • Date: 03/17/2022
  • Lender: Sheridan Capital - Aaron Kurlansky, Lee Shwartz, & Michael Yassky
  • Sponsor: Richard Serure
  • Loan Type: Refinance

Richard Serure, the sponsor of the transaction, has expressed confidence in Sheridan Capital's ability to close deals quickly. The partnership between the two parties has proven successful in the past, resulting in a continued trust in Sheridan Capital's efficiency and simplicity throughout the loan process.

Note: "Ownership has done several deals with Sheridan Capital and continues to trust in their ability to close quickly and efficiently, they just make it simple & easy." - Dan Arev

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Deals
  • Location
    2509 North Miami Avenue, Miami, Florida 33127, United States2509 North Miami Avenue, Miami, Florida 33127, United States
  • Loan Value
    $12,000,000$12,000,000
  • Asset Type
    IndustrialIndustrial

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Deal Summary

LOAN IMAGE: Michael Yassky & Richard Serure DATE: 03/17/2022 ADDRESS: 2509 N Miami Ave MARKET: Miami ASSET TYPE: Industrial ~ SF: 20,000 LENDER: Sheridan Capital - Aaron Kurlansky (@AaronKurlansky), Lee Shwartz (@LeeShwartz) & Michael Yassky (@MichaelYassky) SPONSOR: Richard Serure LOAN AMOUNT: $12,000,000 LOAN TYPE: Refinance NOTE FROM SPONSOR: "Ownership has done several deals with Sheridan Capital and continues to trust in their ability to close quickly and efficiently, they just make it simple & easy." Dan Arev

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