Waterfront estate in Miami Beach

Featured case study

$72.5M in 30 days: Miami Beach waterfront estate

The borrower bought a Miami Beach waterfront estate for $105 million. We provided a $72.5 million first position loan with additional construction funding and closed in 30 days.

Loan amount
$72,500,000
Purchase price
$105,000,000
Additional funding
Construction
Position
First lien
Days to close
30
Asset
Waterfront estate, Miami Beach

01

The transaction

A South Florida home builder agreed to buy a Miami Beach waterfront estate for $105 million. The purchase had a fixed closing date.

02

The challenge

The borrower needed $72.5 million for the acquisition and additional construction funding. The lender had to make the decision and document the loan within the purchase timeline.

03

Matchpoint’s analysis

We reviewed the waterfront property, the $105 million purchase price, the sponsor, our first lien position, and the protection in the capital structure.

04

The structure

We structured $72.5 million of first position financing for the acquisition, plus additional construction funding. Established counsel documented the loan.

05

Execution

The borrower dealt directly with the principals. We structured, documented, and closed the $72.5 million facility in 30 days.

The result

Closed in 30 days with $72.5 million of acquisition and construction capital committed on the agreed timeline.

Have a deal?

Send us the next transaction.

If you have a time-sensitive acquisition, refinance, or construction project in South Florida — at any size from $1M to $100M+ — we'll respond with a term sheet within 24 hours.