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Gabriel Varela Of Casa Finance Provides $3.245M Construction Loan For Lighthouse Point Development Site

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FINANCED
$3,245,000

Florida

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Development Site
Financed 02/26/2026
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Property Image
FINANCED

Gabriel Varela Of Casa Finance Provides $3.245M Construction Loan For Lighthouse Point Development Site

Development Site
Financed 02/26/2026
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Summary

FLORIDA
Asset Type:Development Site
Transaction Type:Loan

The asset involved in this transaction is a development site located in Lighthouse Point, Florida. This site is intended for the construction of a new single-family home, showcasing its potential for residential development under current zoning regulations.

Summary of transaction details:

Gabriel Varela from Casa Finance structured the construction loan, reflecting a commitment to facilitating projects that support investors and builders throughout Florida. His contact details for further inquiries include [email protected] and (561) 556-4457.

Players

BROKERAGE

Gabriel Varela
1 deal$3.2M volume(954) 850-2310
ORIGINATOR

Details

FINANCED
IMAGE: Gabriel Varela DATE: 02/26/2026 MARKET: Lighthouse Point ASSET TYPE: Development Site LENDER: Gabriel Varela - Casa Finance (@Casa.Finance) LOAN AMOUNT: $3,245,000 LOAN TYPE: Construction LOAN TERMS: 24 Months NOTE FROM LENDER: Casa Finance recently structured a ground-up construction loan for the development of a new single-family home in Lighthouse Point, Florida. Projects like this reflect our continued commitment to supporting investors and builders across the Sunshine State — from lot acquisition to completed construction. If you're interested in learning more about our financing solutions, we'd love to hear from you. [email protected] (561) 556-4457

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,245,000.00

Monthly NOI$21,633.33
Monthly Debt Service$20,510.61
Change in Cash Flow$0.00
Refinance Proceeds$0.00