Churchill Real Estate Provides $1.26M Loan For Joya Property Group's Surfside Multifamily Acquisition
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This MultiFamily property located in FL received a loan of $1,256,250 almost 3 years ago. The broker of the deal was Max Ralby
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- Location300 Surfside Blvd, Surfside, FL, USA
- Loan Value$1,256,250
- Asset TypeMultiFamily
- Parties1 Broker, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Lee Cohen, Max Ralby & Arash Gohari
DATE: 04/08/2021
ADDRESS: 300 Surfside Blvd
MARKET: Surfside
ASSET TYPE: Multifamily
LOAN TYPE: Acquisition
LENDER: Churchill Real Estate
LANDLORD: Lee Cohen @TheLeeCohen & Arash Gohari @ArashGohari - Joya Property Group
BROKERS: Max Ralby - @MaxRalby - HKS Real Estate Advisors
LOAN AMOUNT: $1,256,250
NOTE: HKS arranged a $10mm credit facility for Joya Property Group's single-family-residential fix and flip strategy in the Greater Miami Market. Joya's plan is to convert the multifamily asset located at 300 Surfside into a luxury single-family home. This is the first closed transaction for the newly formed partnership within this facility. There are several more under contract pending closing. Please feel free to reach out to the partners at Joya for any similar acquisition/value add opportunities.
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300 Surfside Boulevard
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