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Alta Developers Secures $77.1M Construction Loan For Miami Multifamily Property

9600 South Dixie Highway
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This MultiFamily property located in FL received a loan of $77,115,000 over 2 years ago. The brokers of the deal were Andrew Liebhard, Israel Leiner, Ronnie Levine, and Ben Jacobs

The multifamily property located at 9600 S. Dixie Highway in Miami, FL was involved in a closed transaction on 11/03/2021. The property consists of 296 units and is owned by Raimundo Onetto of Alta Developers.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $77,115,000
  • Loan Type: Construction

Mack Real Estate Credit Strategies provided a loan of $77,115,000 for the construction of the property. The brokers involved in the deal were Ronnie Levine, Ben Jacobs, and Andrew Liebhard from Meridian Capital Group, along with Israel Lerner from Legend International Transport LLC.

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Deals
  • Location
    9600 South Dixie Highway, Miami, Florida, USA9600 South Dixie Highway, Miami, Florida, USA
  • Loan Value
    $77,115,000$77,115,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Andrew Liebhard

Andrew Liebhard

Deals3
Financed$136.9M

Ben Jacobs

Ben Jacobs

Deals16
Financed$520.6M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2414
Volume$65.9B

Mack Real Estate Group

Mack Real Estate Group

Lender
Deals17
Volume$ 725.3B

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Deal Summary

LOAN IMAGE: Ronnie Levine, Ben Jacobs, Raimundo Onetto, Andrew Liebhard & Israel Lerner DATE: 11/03/2021 ADDRESS: 9600 S. Dixie Highway MARKET: Miami, FL ASSET TYPE: Multifamily ~ UNITS: 296 LENDER: Mack Real Estate Credit Strategies LANDLORD: Raimundo Onetto - Alta Developers BROKERS: Ronnie Levine, Ben Jacobs, Andrew Liebhard - Meridian Capital Group (@Meridian.Capital.Group) & Israel Lerner - Legend International Transport LLC LOAN AMOUNT: $77,115,000 LOAN TYPE: Construction

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