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We Lend Provides $3.5 Million Bridge Loan For Luxury SFR In New Canaan, CT
FINANCEDSingle Family Residence

We Lend Provides $3.5 Million Bridge Loan For Luxury SFR In New Canaan, CT

$3,500,000

$215/SF

Building Size

16,255 SF

Asset Type

Single Family Residence

Closing

Apr 5, 2025

AI

The asset involved is a single-family residence located in New Canaan, Connecticut, with a total square footage of 16,255. The loan amount secured for this property transaction was $3,500,000, categorized as a bridge loan.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $3,500,000
  • Market: New Canaan, CT
  • Lender: We Lend
  • Loan Type: Bridge
  • Loan Date: 4/6/2025
  • Sponsor: An existing property owner seeking short-term financing

The key individuals in this transaction include Ruben Izgelov, Solomon Suleymanov, and Moses Suleymanov, who were involved with We Lend. Solomon Suleymanov can be contacted directly for any bridge or value-add scenarios at 212.257.3888 or [email protected].

Players

Moses Suleymanov

We Lend

Lender

$44.4M

vol

24 deals

Lender
We Lend
We LendLender
We Lend
We LendLender

New Canaan Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93