Seena Talas & Robert Talas Of Flatiron Realty Capital Provide $4.485M Refinance Loan In North Miami

The asset involved in this transaction is a single-family residence in North Miami, FL, with a total square footage of 5,000. The loan amount secured for this property is $4,485,000, which is part of a refinance arrangement. The financing provided is structured as a 12-month stabilized bridge loan.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $4,485,000
• Asset Location: North Miami, FL
• Loan Type: Refinance
• Loan Terms: 12 Month Stabilized Bridge Loan
• Lender: Seena Talas & Robert Talas - Flatiron Realty Capital

Seena Talas and Robert Talas, representing Flatiron Realty Capital, have a history with this property, having originally provided construction financing. The recent refinancing allows the sponsor time to market and sell the property, while also facilitating cash-out proceeds to assist with a down payment on an additional land parcel within the same community. This transaction was originated for a repeat customer.