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Greenwich

Flatiron Realty Capital Closes $4.8 Million Cash-Out Refinance On Greenwich Luxury Single-Family Home
FINANCEDSingle Family Residence

Flatiron Realty Capital Closes $4.8 Million Cash-Out Refinance On Greenwich Luxury Single-Family Home

$4,800,000

$600/SF

Building Size

8,000 SF

Asset Type

Single Family Residence

Closing

Nov 20, 2025

AI

The asset involved in this transaction is a luxury single-family home located in Greenwich, Connecticut, with a total square footage of 8,000. The property is currently undergoing construction and is part of a refinancing deal aimed at providing funding during the building process.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,800,000
  • Lender: David Meytin, Bobby Talas - Flatiron Realty Capital
  • Loan Type: Refinance
  • Loan Terms: Stabilized Bridge Cash-Out Refinance
  • Date: 11/21/2025
  • Market: Greenwich, CT

David Meytin and Bobby Talas of Flatiron Realty Capital facilitated this deal, stepping in to refinance an existing loan while construction was ongoing. Their involvement underscores Flatiron's capacity to provide mid-construction financing solutions for luxury property developers, particularly in high-demand markets like Connecticut.

Players

David Meytin

Flatiron Realty Capital

Lender

$58.7M

vol

12 deals

Lender
Flatiron Realty Capital
Flatiron Realty CapitalLender

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93