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289 Coconut Palm Road

Brora Capital Provides Construction & Acquisition Loan For Single Family Home In Boca Raton
FINANCEDSingle Family Residence

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

BC
Brora CapitalLender

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