Updated Sep 21, 2026
Tal Levinson & Eric Malinasky Of Home Venture Development Secures $1.75M Construction Loan In Fort Lauderdale
1790 Northeast 18th Street
$1,750,000
$454/SF
Building Size
3,854 SF
Asset Type
Single Family Residence
Closing
Sep 17, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 1790 Northeast 18th Street in Fort Lauderdale. The property spans a square footage of 3,854 and is part of the residential market in South Florida.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,750,000
- Lender: MoFin Lending Corporation
- Borrower: Tal Levinson & Eric Malinasky - Home Venture Development
- Loan Type: Construction
- Loan Terms: 18 Months
The key individuals involved in this deal are Tal Levinson and Eric Malinasky, representing Home Venture Development, a firm specializing in luxury residential development projects in South Florida.
On the Map
$1,750,000
$454/SF
Single Family Residence
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Players
Fort Lauderdale 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93