Flatiron Realty Capital Provides $3.3 Million Loan For Luxury Townhomes Construction In Naples

The transaction involves three luxury townhomes located in Naples, Florida. The asset is financed through a construction loan of $3,300,000, facilitating ground-up construction. The financing arrangement provides for a duration of 15 months and supports the borrower in delivering quality residential spaces to the market.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $3,300,000
• Lender: Arthur Serebrinskiy & David Meytin - Flatiron Realty Capital
• Loan Type: Construction
• Loan Terms: 15 Month Ground Up Construction Loan

The borrower is a multigenerational family developer who required timely financing to cash out on land value while securing full funding for the construction budget. Flatiron Realty Capital tailored a custom loan to meet these needs, demonstrating their capability to manage complex multi-unit luxury projects effectively.