Updated Nov 2, 2026
Andres Saias Of RBI Private Lending Provides $6,508,693 Construction Loan For Boca Raton Residence
2121 Silver Palm Road West
$6,508,693
$929/SF
Building Size
7,002 SF
Asset Type
Single Family Residence
Closing
Oct 8, 2026
About this deal
AI
A construction loan was closed for a single-family residence located at 2121 Silver Palm Road West in Boca Raton. The asset spans 7,002 square feet and the loan amount is $6,508,693. The construction loan is structured with a term of 24 months.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,508,693
- Loan Type: Construction
- Loan Terms: 24 months
- Lender: Andres Saias - RBI Private Lending
- Market: Boca Raton
Andres Saias from RBI Private Lending facilitated this deal, supporting the development of luxury housing in South Florida. The lender highlighted their capability for fast closings and flexible structures, catering specifically to developers and spec home builders in the area.
On the Map
$6,508,693
$929/SF
Single Family Residence
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Boca Raton 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93