Beckham Overtown Mortgage Scheduled To Mature In Days

The mortgage issued to a Miami Beckham United controlled company for Overtown land could be just days away from maturing.

0101 Miami Properties purchased the property a year ago, and was issued a $17.4 mortgage. The loan matures on March 23, 2017, according to documents recorded with the county last year.

N&P Holdings Limited Partnership, which lists Marcelo Claure in the address, is the lender. The borrower, 0101, lists Miami Beckham United as the manager, with a Hollywood, California address.

0101 Miami Properties filed their annual report with the state of Florida yesterday (March 20). It was signed by an accountant.

 

stadium site:

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anon
4 years ago

LOL the lender is Beckham’s partner. He just did a land loan to his own entity. Relax guys, they’re fine.

suomynona
4 years ago

Really wish this would just happen already.

Unlike the baseball stadium, this location might actually have an impact on the redevelopment of the neighborhood. Yes, I’m serious. It’s all about location, location, location (proximity to downtown, transportation, etc).

Edin
4 years ago

Just build it,they will come.

Anonymous
4 years ago

Tick-Tock….

Anonymous
4 years ago

and ya don’t stop . . .

DAREC
4 years ago

…and to the tick-tick…

Aj
4 years ago

I am still seething with anger that this sob was this close to putting a cement box in the most beautiful Museum Park, the last tiny patch of public waterfront land we have left in Miami, that too after filling in the inlet dock (they called it pond) where the most beautiful Yatchs, Sailing Vessels and Tall ships of the world are currently docking. Considering that some douche politician mayor was siding with him until we all protested loudly, that horror could have actually happened. While this current location is fine for a stadium just the mention of this guys name is revolting for what he almost did to our waterfront park.

City Commissioner
4 years ago

By your comment I’m guessing the AAA Arena must be a waste of land for you and its probably in the way of more Yatchs docking there….We need more Yatchs, Sailing Vessels and tall ships to improve the city!!

Anonymous
4 years ago

More parkland will certainly improve the city! The AAA and Museums should have been built on the west side of Biscayne Boulevard and not in a waterfront park, of which the City of Miami is woefully lacking. With any vision, the land along Biscayne could have been acquire at the time the arena was built for a modest amount of money. But why pay for land when you can get it free from the government?

City Commissioner
4 years ago

I agree, free-land is always better.

Yohan Perez
4 years ago

AAA was before our time. At that time this area was derelict. Also it is an indoor stadium with multipurpose year round use and less than half the size of the football stadium. No comparison between the 2.