Gabriel Sultan Of Alto Capital Provides $5 Million Construction Loan For Miami Beach Multifamily Property

The asset involved in this closed transaction is a multifamily property located in Miami Beach, with a total square footage of 4,598. The transaction includes a construction loan amounting to $5,000,000, structured by Alto Capital, with a term of 24 months and no prepayment penalty.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Lender: Gabriel Sultan - Alto Capital
• Loan Type: Construction
• Loan Terms: 24 months
• Market: Miami Beach

Gabriel Sultan represents Alto Capital in this transaction, providing financing solutions for construction projects. He emphasizes the importance of having land ownership, a construction budget, a minimum FICO score of 680, recent investment experience, and estimated project value upon completion for potential borrowers.