Richard Nemarich Of Casa Finance Provides $3,675,000 Bridge Loan For Multifamily Asset In Delray Beach
$3,675,000
$612/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Apr 1, 2026
AI
The asset involved in the transaction is a multifamily property located in Delray Beach, featuring a total square footage of 6,000. The transaction was structured as a bridge loan with an amount of $3,675,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,675,000
- Loan Type: Bridge
- Loan Terms: 1
- Lender: Richard Nemarich - Casa Finance
- Date: 04/02/2026
- Market: Delray Beach
Key individuals involved in the deal include Richard Nemarich, who served as the lender through Casa Finance, facilitating the financing for the multifamily property transaction.
Players
Delray Beach 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
4.32%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93