Popular Community Bank Provides Acquisition Loan For Hialeah Distribution Center In Hialeah, FL | Hialeah Distribution Center - 3130 West 15th Avenue | Popular Community Bank | Max Jacobson, Shanna Naim, David Oheb | Industrial | Loan

Summary

Loan

FLORIDA

Industrial

13,650 sqft

The Hialeah Distribution Center, located at 3130 W 15th Ave in Hialeah, FL, was involved in a recent loan transaction. The asset is an industrial property, and the loan was for the purpose of acquisition. The total loan amount was $5,537,500.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $5,537,500
Address: Hialeah Distribution Center - 3130 W 15th Ave
Market: Hialeah, FL

Popular Community Bank provided the loan for the acquisition of the Hialeah Distribution Center. The debt broker involved in the transaction was David Oheb from Meridian Capital Group. Representing the buyer in the deal was Shanna Naim from NDA Realty. The loan terms were based on a $10,000,000 purchase, with the loan amount covering $5,537,500.

This loan facilitated the expansion of a Los Angeles-based ecommerce business into Southern Florida. The financing transaction was closed by Meridian Capital Group within 45 days, despite it taking place during the year-end 2022 holidays.

Players

All
6

Agents
3
Agencies
2
Lenders
1

$20M Sold

$38.4M Sold

$152.3M Sold

Meridian Capital Group

ENS Realty

Popular Community Bank

Details

Deal Summary

FINANCED

IMAGE: David Oheb, Max Jacobson & Shanna Naim DATE: 01/06/2023 ADDRESS: Hialeah Distribution Center - 3130 W 15th Ave MARKET: Hialeah, FL ASSET TYPE: Industrial LENDER: Popular Community Bank DEBT BROKER: David Oheb (@Teamoheb & Max Jacobson (@Max_Jacobson) - Meridian Capital Group BUYERS’ REP: Shanna Naim (@ShannaDoesRealEstate) - NDA Realty LOAN AMOUNT: $5,537,500 LOAN TYPE: Acquisition LOAN TERMS: $5,537,500 (on $10,000,000 Purchase) NOTE FROM BROKER: This acquisition financing facilitated the expansion of a Los Angeles-based ecommerce business into Southern Florida. Meridian closed the financing transaction in 45 days through the year-end 2022 holidays.

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AddressHialeah Distribution Center - 3130 West 15th Avenue

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