Sterling Bank Bridge Loan Proposed for BCC Apartments
Housing Finance Authority of Miami-Dade CountyLocal Housing Authority · Doral, FL- Disclosed value
- $16,000,000
- From report
- Document date
- Oct 26, 2026
- Term
- Not to exceed 30 months
The 30-second brief
The proposed BCC Apartments financing includes a $16 million equity bridge loan from Sterling Bank. The construction-period loan would run for no more than 30 months with monthly interest-only payments and a 1% origination fee.
Sterling Bank holds this financial services contract with Housing Finance Authority of Miami-Dade County. Its other public contracts on record include work for City of Wood Village and Milltown village.
Term as filed: Not to exceed 30 months.
See who signed off on this $16M contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $16,000,000
- Document date
- October 26, 2026
- Term
- Not to exceed 30 months
- Vendor
- Sterling Bank
- Source document
- Housing Finance Authority of Miami Dade County Report BCC Apartments Credit Underwriting 2026-10-26 (Report)
Sterling Bank's other public contracts
More Housing Finance Authority of Miami-Dade County contracts
Questions about this contract
Who was awarded the financial services contract by Housing Finance Authority of Miami-Dade County?
Sterling Bank was awarded this financial services contract by Housing Finance Authority of Miami-Dade County, as recorded on October 26, 2026. The contract value is $16,000,000.
How much is the Sterling Bank contract with Housing Finance Authority of Miami-Dade County worth?
The Sterling Bank contract with Housing Finance Authority of Miami-Dade County is valued at $16,000,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in Housing Finance Authority of Miami Dade County Report BCC Apartments Credit Underwriting 2026-10-26 (Report), dated October 26, 2026 from Housing Finance Authority of Miami-Dade County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Sterling Bank hold?
Sterling Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Housing Finance Authority of Miami-Dade County currently buying?
Explore Housing Finance Authority of Miami-Dade County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.