Bayshore Residences
Quantum on the Bay, 1900 N Bayshore Dr, Miami, FL 33132, USA
392-unit high-rise on Biscayne Bay, 91% occupied. Condo-style insurance costs have doubled in two years, which is what pulled DSCR under 1.15. Flood zone AE.
Call the relationship manager- Loan balance
- $36,800,000
- Risk rating
- Watch
- Maturity
- May 1, 2029
- LTV %
- 70
- DSCR
- 1.14