Do you fund industrial property loans for foreign-national investors in Miami-Dade?
Yes. Miami-Dade industrial property ownership by Venezuelan, Colombian, Cuban-American, and international investors is a meaningful segment of our portfolio. We evaluate industrial properties based on location fundamentals, building specifications, tenant quality, and DSCR coverage. The borrower's nationality and domestic income documentation do not drive the underwriting decision. A Florida LLC, a Phase I environmental assessment, and a property that covers its debt service are the foundation of the transaction.