Updated Nov 10, 2025
Meyer Saffati Of Alto Capital Provides $3.16M Refinance Loan For Hollywood Multifamily Property
$3,160,000
Units
10
Asset Type
MultiFamily
Closing
Oct 9, 2025
About this deal
AI
A multifamily property located in Hollywood, Florida, has a total property value of $3.95 million and consists of 10 units. The asset is strategically positioned just steps from the ocean.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,160,000
- Loan Type: Refinance
- Loan Terms: 18 months
- Lender: Meyer Saffati - Alto Capital
- Interest Rate: 9.99%
- Location: Hollywood, Florida
The refinancing transaction is facilitated by Meyer Saffati representing Alto Capital, which structured a Bridge Loan allowing the borrower to consolidate debt and unlock immediate liquidity while extending the useful life of the asset.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.02%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93