BridgeInvest Closes a $35.0 MM Refinance and Construction Loan in Miami, FL
1st Priority Mortgage Loan
Loan Amount
$35,000,000
Property Type
Office & Retail
Location
Miami, FL
BridgeInvest is excited to announce the closing of a $35.0 million loan, which refinanced the construction loan for the first phase of the office-retail project, Wyncatcher I, and capitalized the acquisition and future construction of Wyncatcher II in the Wynwood submarket of Miami, FL.
Transaction Highlights:
- Quick close in under 30 days
- Unique adaptive reuse creative office and retail project
- Structured, reduced loan pricing upon achievement of project milestones