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111 Golden Gate Point

Andrew Singer Of W Financial Provides $3.25M Refinance Loan For Sarasota Condo Transaction
FINANCEDCondo

Andrew Singer Of W Financial Provides $3.25M Refinance Loan For Sarasota Condo Transaction

$3,250,000

Building Size

Asset Type

Condo

Closing

Jun 25, 2025

AI

The transaction involves a condo located in Sarasota. The deal included a loan for the amount of $3,250,000, classified as a refinance. The asset was handled between various parties, ensuring a smooth transaction process.

Summary of transaction details:

Key individuals involved in this transaction include Andrew Singer, who acted as the lender, and the brokerage team of Jordan and Michael Horowitz, representing the asset. Their roles were crucial in facilitating the refinance process for the condo in Sarasota.

Players

Michael Horowitz

Cooper Horowitz

Broker

$1.1B

vol

25 deals

Broker
Cooper Horowitz
Cooper HorowitzBrokerage
W Financial
W Financial Lender

Sarasota Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93