FINANCED
Newmark Represents L And L Holding And Shorenstein In $445M Equity Loan For Miami Mixed-Use Property
2800 Northwest 1st Avenue
Mixed-use
820,000 SF
820,000 SF
Summary
Loan
FLORIDA
Mixed-use
820,000 sqft
The mixed-use property located at 2800 NW 1st Avenue in Miami has been involved in a recent loan transaction. The property spans an impressive 820,000 square feet and is situated in the vibrant Miami market.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $445,000,000
- Lender: Brandon Shorenstein
- Landlord: Marcelo Claure, David Levinson (L And L Holding), Erik Rutter & David Weitz (Oak Row)
- Landlord's Representative: Jordan (Jordy) Roeschlaub, Dustin Stolly, Daniel (Danny) Matz, Eden Abraham (Newmark)
- Loan Type: Equity Loan
Behind this loan transaction, Brandon Shorenstein took on the role of the lender. The landlord, Marcelo Claure, oversaw the deal, while David Levinson from L And L Holding and Erik Rutter & David Weitz from Oak Row also played significant roles as landlords. Representing the landlord's interests, Jordan (Jordy) Roeschlaub, Dustin Stolly, Daniel (Danny) Matz, and Eden Abraham from Newmark took part in the negotiation process.
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FINANCED
IMAGE: Brandon Shorenstein, Erik Rutter, Jordan Roeschlaub, Brandon Shorenstein, Dustin Stolly, Daniel Matz, David Weitz, Eden Abraham & Marcelo Claure
DATE: 01/17/2023
ADDRESS: 2800 NW 1st Avenue
MARKET: Miami
ASSET TYPE: Mixed-use ~ SF: 820,000
LENDER: Shorenstein - Brandon Shorenstein (@BShorenstein)
LANDLORD: Marcelo Claure
; L And L Holding - David Levinson; Oak Row (@OakRowEquities) - Erik Rutter & David Weitz
LANDLORD'S REP: Jordan (Jordy) Roeschlaub (@JordyRoeschlaub), Dustin Stolly, Daniel (Danny) Matz (@MatzyPants) & Eden Abraham - Newmark (@Newmark)
LOAN AMOUNT: $445,000,000
LOAN TYPE: Equity LoanView on map
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Address2800 Northwest 1st Avenue
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