First National Bank Refinances Mixed-Use Property On Española Way In Miami Beach For $15M
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This Mixed-use property located in FL received a loan of $15,000,000 over 1 year ago. The brokers of the deal were Scott Wadler, Matthew (Matt) Nihan, and Michael (Thomas) Basinski
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- Location401 Española Way
- Loan Value$15,000,000
- Asset TypeMixed-use
- Parties3 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Mike Basinski, Scott Wadler & Matt Nihan
DATE: 07/28/2022
ADDRESS: 401 Española Way
MARKET: Miami Beach
ASSET TYPE: Mixed-use
LENDER: First National Bank - South Miami
LANDLORD: Scott Robins Companies
BROKER: Scott Wadler, Matt Nihan & Mike Basinski - Berkadia
LOAN AMOUNT: $15,000,000
LOAN TYPE: Refinance
LOAN TERMS: 10 years, fixed rate
NOTE FROM BROKERS: Espanola Way is an iconic lifestyle retail strip located at the heart of Espanola Way, a tree-lined pedestrian-only street in South Beach, Miami known for its charming Spanish French style architecture and an abundance of walkable attractions.
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401 Española Way
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