Brora Capital Provides Construction & Acquisition Loan For Single Family Home In Boca Raton
FINANCED
$14,200,000
Florida
See Similar DealsSingle Family Residence
Financed 04/16/2026
FINANCED
Brora Capital Provides Construction & Acquisition Loan For Single Family Home In Boca Raton
289 Coconut Palm Road
See Similar DealsSingle Family Residence
Financed 04/16/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Transaction Type:Loan
The asset involved in the transaction is a Single Family property located at 289 Coconut Palm Road in the Boca Raton market. The property will be financed through a Construction & Acquisition Loan.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: [specific amount not provided]
- Address: 289 Coconut Palm Road
- Market: Boca Raton
- Lender: Todd Richardson, Ignacio Diaz, Jose Padua & Ben Gluck - Brora Capital
- Loan Type: Construction & Acquisition Loan
The key individuals involved in the transaction include Todd Richardson, Ignacio Diaz, Jose Padua, and Ben Gluck, all representing Brora Capital in this financing deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,200,000.00
Monthly NOI$94,666.67
Monthly Debt Service$89,753.66
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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