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11701 West Biscayne Canal Road

Daniel Benarroch Of Alto Capital Provides $3,320,000 Construction Loan For Miami Single Family Residence
FINANCEDSingle Family Residence

Daniel Benarroch Of Alto Capital Provides $3,320,000 Construction Loan For Miami Single Family Residence

$3,320,000

Building Size

Asset Type

Single Family Residence

Closing

Jun 17, 2026

AI

A refinance was structured for a single-family residence in Miami, with a loan amount of $3,320,000 and a projected completed value of $5,200,000. The financing includes a holdback of $2,928,642, which is intended to fund the remaining phases of the project over an 18-month term without a prepayment penalty.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,320,000
  • Lender: Daniel Benarroch - Alto Capital
  • Loan Type: Construction
  • Loan Terms: 18 months
  • Projected Completed Value: $5,200,000
  • Holdback Amount: $2,928,642

Daniel Benarroch from Alto Capital played a key role in structuring the financing solution. The approach taken by Alto Capital is designed to align capital with the development strategy, ensuring that liquidity is preserved and cash flow improved throughout the project's phases.

Players

Daniel Benarroch

Alto Capital

Lender

$51.5M

vol

12 deals

Lender

Market 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

4.78%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93