Daniel Benarroch Of Alto Capital Provides $4,000,000 Refinance For Ground-Up Single-Family Residence In South Grove

In South Grove, Coconut Grove, a $4,000,000 refinance with holdback has been structured to support the development of a luxury ground-up single-family residence. The loan is designed for a 24-month term and includes no prepayment penalty, allowing the developer the necessary flexibility to execute the project confidently.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $4,000,000
• Loan Type: Refinance w/ Holdback — Ground-Up Construction
• Loan Terms: 24 Months · No Prepayment Penalty
• Lender: Daniel Benarroch – Alto Capital

Alto Capital is committed to structuring financing around the project, reflecting its value beyond financial metrics. This approach emphasizes the importance of relationships in fostering growth, with a focus on the developer's vision for the property. Upcoming developments in the Miami area are anticipated this November, highlighting Alto Capital's engagement in the local market.