Agatha Moreno Of Alto Capital Secures $6.3 Million Construction Loan For Naples Developments

This transaction involves a construction loan for the development of three single-family homes in Naples, Florida, totaling 4,553 square feet. The loan amount secured through this financing is $6,300,000, structured by Alto Capital with a loan term of 24 months. The projected value of the completed properties is estimated at $3.9 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $6,300,000
• Lender: Agatha Moreno - Alto Capital
• Loan Type: Construction
• Loan Terms: 24 months
• Market: Naples
• Projected Value: $3.9MM

The financing supports a development strategy focusing on the construction of multiple properties, ensuring financial clarity and continuity throughout the project. Agatha Moreno from Alto Capital spearheads this initiative, emphasizing ongoing support for developers beyond initial closings.