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
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.
Players
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
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93