$7,000,000 Refinance Secured for Multifamily Property in Homestead, FL
New Wave Loans recorded a $7,000,000 mortgage on a 270 unit multifamily property at 25850 Southwest 140th Court in Homestead. The loan was executed April 3, 2026 and recorded May 7, 2026 in Miami-Dade County under document 314444 (APN 30-6927-039-0010). County records list the owner as Muvhome26 LLC.
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Transaction Details
- Closing Date
- Apr 3, 2026
- Loan Amount
- $7,000,000
- Loan Type
- Private Money
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 25850 Sw 140th Ct
- City, State
- Homestead, FL
- Market
- Miami / South Florida
Property Facts
- Building Size
- 452,003 sq ft
- Lot Size
- 472,547 sq ft (10.85 ac)
- Year Built
- 2024
- Stories
- 1
- Buildings
- 6
- Zoning
- 3161
- Subtype
- Multi Family (General)
- Units
- 270
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| May 7, 2026 | NEW WAVE LOANS RESID'L LLC | $7,000,000 | Mortgage | CONVENTIONAL |
| Apr 30, 2026 | ISRAEL DISCOUNT BK/NY | $55,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Dec 2, 2025 | NWL 2016 EVERGREEN LP | $55,000,000 | Modification Of Mortgage | |
| Sep 12, 2025 | NWL 2016 EVERGREEN LP | $55,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Aug 5, 2024 | NWL 2016 EVERGREEN LP | $46,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Mar 29, 2024 | NWL 2016 EVERGREEN LP | $46,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Oct 25, 2023 | NWL 2016 EVERGREEN LP | $16,000,000 | Modification Of Mortgage | CONVENTIONAL |
| May 26, 2023 | NWL 2016 EVERGREEN LP | $15,000,000 | Modification Of Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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