Eastern Union Funding Lends a Hand in Florida

Eastern Union has arranged a $3 million acquisition loan on behalf of Famous Capital LLC.

by Csilla Borsos

8210 NW 36th St. in Doral, Fla.
8210 NW 36th St. in Doral, Fla.

Miami—Managing Director David Betesh of New York-based Eastern Union Funding has recently closed a $3 million acquisition loan for 8210 NW 36th St. in Doral, Fla.

Axiom Capital Advisors, an Aventura, Fla.-based real estate advisory services firm, represented the borrower, Famous Capital LLC, in the off-market acquisition. The loan was provided by Mercantil Commercebank and the deal was part of a sale-leaseback transaction for the seller, BCBK Investment Group.

The free-standing building, which is home to a Famous Dave’s barbecue restaurant, totals approximately 60,600 square feet and is located on the NW 36th Street Doral artery, alongside the mixed-use CityPlace Doral development, which is nearing completion.

According to Axiom Principal Roberto Susi, the favorable location assures the buyer a safe long-term investment in a top-tier market.

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