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
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