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Hector Castro Of Hera Lending Provides $3M Construction Loan For Single Family Asset In Windermere

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FINANCED
$3,000,000

Florida

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Single Family Residence21,637 SF
Financed 03/07/2025
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FINANCED

Hector Castro Of Hera Lending Provides $3M Construction Loan For Single Family Asset In Windermere

3801 Mckinnon Road

See Similar Deals
Single Family Residence21,637 SF
Financed 03/07/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$138
Total Square Footage:21,637 SF
Transaction Type:Loan

The asset involved in this transaction is a Single Family property located at 3801 McKinnon Road in the Windermere market. The property encompasses a square footage of 21,637 and is associated with a construction loan amount of $3,000,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,000,000
  • Loan Type: Construction
  • Loan Terms: 18
  • Lender: Hector Castro - Hera Lending

The key individual in this transaction is Hector Castro, representing Hera Lending as the lender. The company positions itself as a strategic partner for clients, emphasizing their commitment to supporting and guiding investors through their projects.

Players

Hera Lending
Hera Lending
LENDER

Details

FINANCED
IMAGE: Hector Castro DATE: 03/07/2025 ADDRESS: 3801 McKinnon Road MARKET: Windermere ASSET TYPE: Single Family ~ SF: 21,637 LENDER: Hector Castro (@HectorCastro_Hera) - Hera Lending (@HeraLending) LOAN AMOUNT: $3,000,000 LOAN TYPE: Construction LOAN TERMS: 18 NOTE FROM LENDER: At Hera Lending we do not just finance your investment project, we become your strategic partner to help you achieve your goals. The new HERA of lending is here to support and guide you every step of the way. Reach out to us, and let's talk about the construction project you have in mind. We are here to make it happens! Contact us at [email protected] / 305-3946432

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$3,000,000.00

Monthly NOI$20,000.00
Monthly Debt Service$18,962.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00