Updated Jul 31, 2025
$60 Million Construction Loan Secured For 17-Unit Multifamily Asset In Tequesta By Cooper Horowitz
$60,000,000
Units
17
Asset Type
MultiFamily
Closing
Jul 28, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located in Tequesta, comprising 17 units. The loan amount for this construction project is $60,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $60,000,000
- Market: Tequesta
- Units: 17
- Loan Type: Construction
The key individuals involved in the transaction are Michael Horowitz, Jordan Horowitz, and David Horowitz, all representing Cooper Horowitz in this deal.
$60 Million Construction Loan Secured For 17-Unit Multifamily Asset In Tequesta By Cooper Horowitz is logged as a multifamily loan on Traded (2025). $60 Million Construction Loan Secured For 17-Unit Multifamily Asset In Tequesta By Cooper Horowitz is classified as Multifamily on Traded. Jordan Horowitz, David Horowitz, Michael Horowitz, Cooper Horowitz appear on the loan alongside Cooper Horowitz. This page is the market file for the $60 Million Construction Loan Secured For 17-Unit Multifamily Asset In Tequesta By Cooper Horowitz multifamily financed: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this $60 Million Construction Loan Secured For 17-Unit Multifamily Asset In Tequesta By Cooper Horowitz loan when underwriting similar multifamily product.
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
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93