Updated Dec 8, 2025
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
About this deal
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
Market 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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93