MIAMI, FL — FinanceMiami has arranged $9,500,000 in financing secured by a 23,000 SF of modern office space/flex property in Wynwood, Miami, FL. The property is situated in a strategic location, within walking distance of state-of-the-art amenities and new developments.
“This deal (similar to others in today’s market) had its challenges due mainly to the volatility in the Debt Capital Market space and the value-add component/business plan; nonetheless, we kept all parties on board and were able to relay the Sponsor’s business plan appropriately, pointing back to the strong fundamentals of this property along with the unique/strong background of the Sponsorship,” said Emile Schachter, Senior Associate at FinanceMiami.
The client’s experience and the team, along with the Bank’s closing team helped us get this one across the finish line with very competitive terms.
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