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David Saferstein & Zach Waldman Of Titan Capital Provide $3M Construction Loan In Boca Raton

Property Image
FINANCED
$3,000,000

Florida

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Development Site5,000 SF
Financed 04/11/2025
the dealplayerscompscontact
Property Image
FINANCED

David Saferstein & Zach Waldman Of Titan Capital Provide $3M Construction Loan In Boca Raton

Development Site5,000 SF
Financed 04/11/2025
the dealplayerscompscontact
Contact now

Summary

Asset Type:Development Site
Price Per Square Foot:$600
Total Square Footage:5,000 SF
Transaction Type:Loan

The asset involved in this transaction is a development site in Boca Raton, Florida, with a square footage of 5,000. This involves a construction loan for a luxury single-family residence that is set for a full gut renovation and expansion.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $3,000,000
  • Lender: Titan Capital
  • Loan Type: Construction – Single-Family
  • Loan Terms: 12 Month Bridge Loan

Zach Waldman and David Saferstein are the key individuals representing Titan Capital in this transaction. They facilitated the loan to support the renovation project, highlighting their involvement in the execution of the financing deal.

Players

Zach Waldman
Titan Capital
Zach Waldman
8 deals$50.8M volume
LENDER
Titan Capital
Titan Capital
LENDER
Titan Capital
Titan Capital
LENDER

Details

FINANCED
IMAGE: David Saferstein & Zach Waldman DATE: 04/11/2025 MARKET: Boca Raton ASSET TYPE: Development Site ~ SF: 5,000 LENDER: David Saferstein & Zach Waldman - Titan Capital (@Titan_Capital__NYC) LOAN AMOUNT: $3,000,000 LOAN TYPE: Construction – Single-Family LOAN TERMS: 12 Month Bridge Loan NOTE FROM LENDER: Zach Waldman and David Saferstein, representing Titan Capital, provided a $3,000,000 construction loan that will facilitate the full gut renovation and expansion of a luxury single-family residence in the highly sought-after city of Boca Raton, Florida. If you are in need of a bridge loan, contact Titan Capital at [email protected] or call at (212) 888-0004.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,000,000.00

Monthly NOI$20,000.00
Monthly Debt Service$18,962.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00