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90 Northwest 33rd Street

Daniel Benarroch Of Alto Capital Closes $2,983,000 Construction Loan For Miami Single Family Residence
FINANCEDMultiFamily

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

Daniel Benarroch

Alto Capital

Lender

$48.2M

vol

11 deals

Lender
Alto Capital
Alto CapitalLender

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