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

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FINANCED
$3,250,000

Florida

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Condo
Financed 06/26/2025
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Property Image
FINANCED

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

Condo
Financed 06/26/2025
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Summary

FLORIDA
Asset Type:Condo
Transaction Type:Loan

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
24 deals$1.1B volume
BROKER

Jordan Horowitz
Cooper Horowitz
19 deals$634.1M volume
BROKER

Cooper Horowitz
BROKERAGE

Details

FINANCED
IMAGE: Andrew Singer, Jordan Horowitz & Michael Horowitz DATE: 06/26/2025 MARKET: Sarasota ASSET TYPE: Condo LENDER: Andrew Singer - W Financial (@W__Financial) BROKERS: Jordan Horowitz (@JayHoro15) & Michael Horowitz (@MikeHoro15) - Cooper Horowitz (@CooperHorowitz) LOAN AMOUNT: $3,250,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,250,000.00

Monthly NOI$21,666.67
Monthly Debt Service$20,542.21
Change in Cash Flow$0.00
Refinance Proceeds$0.00