David Bollag Of Meridian Capital Group Secures $6.2 Million Loan From Goodman Capital In Bay Harbor Islands
$6,200,000
Building Size
—
Asset Type
Single Family Residence
Closing
Nov 6, 2025
AI
The asset involved in this transaction is a single-family property located in Bay Harbor Islands. The loan amount for this acquisition is $6,200,000 provided by Goodman Capital.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,200,000
- Lender: Goodman Capital
- Broker: David Bollag - Meridian Capital Group
- Loan Type: Acquisition
- Date: 11/07/2025
David Bollag, representing Meridian Capital Group, is the broker involved in facilitating this loan transaction on behalf of the borrower in the Bay Harbor Islands market.
Players
Bay Harbor Islands Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93