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Daniel Benarroch Of Alto Ca...

Updated Mar 22, 2026

Daniel Benarroch Of Alto Capital Provides $4.56M Bridge Loan For Miami Beach Condo Acquisition
FINANCEDCondo

Daniel Benarroch Of Alto Capital Provides $4.56M Bridge Loan For Miami Beach Condo Acquisition

$4,556,250

$2,177/SF

Building Size

2,092 SF

Asset Type

Condo

Closing

Feb 26, 2026

About this deal

AI

A condominium located in Miami Beach was acquired with an estimated value of $6.5M. The asset encompasses a total area of 2,092 square feet. The bridge loan facilitated for this transaction amounted to $4,556,250, structured with a 15-month term and no prepayment penalty.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,556,250
  • Lender: Daniel Benarroch - Alto Capital
  • Loan Type: Bridge
  • Loan Terms: 15 months
  • Market: Miami Beach
  • Estimated Market Value: $6.5M

Daniel Benarroch from Alto Capital structured the financing, emphasizing the importance of timely capital in competitive markets like Miami Beach. The bridge loan was critical in allowing investors to close swiftly and execute their acquisition strategy without the delays that a traditional bank approval would entail.

Players

Daniel Benarroch

Alto Capital

Lender

$64.3M

vol

15 deals

Lender
Bilt advertisement

Market Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

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Deal FAQ

About $2.2K per square foot on a published $4.6M for 2,092 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.48%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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