Updated Apr 24, 2026
Brora Capital Provides Construction & Acquisition Loan For Single Family Home In Boca Raton
289 Coconut Palm Road
$14,200,000
Building Size
—
Asset Type
Single Family Residence
Closing
Apr 15, 2026
About this deal
AI
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.
On the Map
$14,200,000
Single Family Residence
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Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93