Gabriel Sultan Of Alto Capital Provides $5 Million Construction Loan For Miami Beach Multifamily Property
$5,000,000
$1,087/SF
Building Size
4,598 SF
Asset Type
MultiFamily
Closing
Jun 29, 2025
AI
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.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93