Daniel Benarroch Of Alto Capital Closes $2,983,000 Construction Loan For Miami Single Family Residence
$3,865,000
$468/SF
Building Size
8,250 SF
Asset Type
MultiFamily
Closing
Jul 22, 2025
AI
A construction loan of $2,983,000 has been secured for a single-family residence located in Miami. The asset is financed under terms that allow for a 24-month construction period, enabling the development of the property within a defined timeframe.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,983,000
- Loan Type: Construction
- Loan Terms: 24 months
- Lender: Daniel Benarroch - Alto Capital
Daniel Benarroch from Alto Capital facilitated the construction loan for the single-family residence, highlighting their capability to finance projects that require structure and confidence to move forward in today’s market.
Players
Miami 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
4.10%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93