$5,400,000 Acquisition Loan Secured for Industrial Property in Hallandale, FL
May 7, 2026 Private Money
Deal Summary
AIDS Healthcare Foundation recorded a $5,400,000 mortgage on a 29,000 square foot warehouse at 1051 Northwest 3rd Street in Hallandale. The loan was executed May 7, 2026 and recorded May 11, 2026 in Broward County under document 120857455 (APN 51-42-28-00-0061). County records list the owner as Ks26 Group Llc.
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Transaction Details
- Closing Date
- May 7, 2026
- Loan Amount
- $5,400,000
- Loan Type
- Private Money
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Industrial
- Source
- County record
Property
- Address
- 1051 Nw 3rd St
- City, State
- Hallandale, FL
- Market
- Fort Lauderdale
Property Facts
- Building Size
- 29,569 sq ft
- Lot Size
- 43,986 sq ft (1.01 ac)
- Year Built
- 1974
- Year Renovated
- 1979
- Stories
- 1
- Buildings
- 2
- Zoning
- B-1
- Subtype
- Warehouse
- Floor Area Ratio
- 0.67
Sale History
Last sold for $6,750,000 on May 4, 2026. Prior owner AIDS HEALTHCARE FOUNDATION INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 11, 2026 | AIDS HEALTHCARE FOUN | $5,400,000 | Mortgage | CONVENTIONAL |
| Aug 12, 2022 | ISN'T THIS GREAT LLC | $4,000,000 | Mortgage | PRIVATE PARTY LENDER |
| Jun 16, 2020 | Private party lender | $2,000,000 | Warranty Deed | |
| Sep 14, 2012 | JP MORGAN CHASE BK | $1,009,950 | Modification Of Mortgage | CONVENTIONAL |
| Aug 28, 2012 | JP MORGAN CHASE BK | $1,009,950 | Mortgage | CONVENTIONAL |
| Jul 9, 2009 | FIRST REPUBLIC BK | $22,000,000 | Warranty Deed | WRAP-AROUND MORTGAGE |
| May 27, 1998 | UNION PLANTERS BK | $1,760,000 | Mortgage | CONVENTIONAL |
| Oct 14, 1994 | JEFFERSON BK/FL | $1,700,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.