JSB Capital Lands $238M Refi on Doral Apartment Community
JSB Capital inked a $238 million refinancing of The Landmark South, a 631-unit, Class A multifamily community in Doral, Florida.
Walker & Dunlop Capital Markets Institutional Advisory arranged the financing. Aaron Appel, Michael Stepniewski, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Sean Bastian, and Stanley Cayre arranged the floating-rate, interest-only bridge loan from Torchlight Investors.
Completed in two phases in 2017 and 2021, The Landmark South one-, two- and three-bedroom residences averaging 1,017 square feet. Community amenities include two resort-style pools, two 24-hour fitness centers, outdoor courtyards, a business center, pet spa, resident lounges and structured parking.
The property is located in the heart of Doral, one of Miami-Dade County’s most institutionally sought-after multifamily submarkets. High homeownership costs, limited new supply, and continued population growth support long-term rental demand. Doral also offers connectivity to Miami’s primary employment corridors via the Palmetto Expressway, Dolphin Expressway and Florida’s Turnpike, along with access to retail and lifestyle destinations including Downtown Doral, CityPlace Doral and Dolphin Mall.
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Legion, SMA Equities Partner on Upper East Side Residential
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At Connect Apartments 2026, Experts See “Generational Buying Opportunities”
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First Phase of Jersey City Multifamily Secures $310M Financing
Newmark has arranged a $310-million construction loan on behalf of Namdar Group for 555 Summit Ave., an 873-unit multifamily development in Jersey City. The property represents the first phase of a planned two-tower development totaling 1,542 units across 555 and 547 Summit Ave. The financing was provided by TYKO. Co-head of Global Debt & Structured...
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Brokers
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Remax Professionals
Re/Max Real Estate Professionals | New York
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout