Andres Saias Of RBI Provides $3.15M Construction Loan To Uriel Ghelman In Miami
6171 Southwest 72nd Avenue
$3,150,000
$567/SF
Building Size
5,550 SF
Asset Type
Single Family Residence
Closing
Mar 4, 2025
AI
The asset involved in the transaction is a single-family property located at 6171 Southwest 72nd Avenue in Miami. The total square footage of the property is 5,550. The loan amount for the property is $3,150,000, which is classified as a construction loan with a term of 18 months.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,150,000
- Loan Type: Construction
- Loan Terms: 18 Months
- Lender: Andres Saias - RBI
- Landlord: Uriel Ghelman - GB2 6171 LLLP
- Closed at 82.5% LTC
- Interest Rate: 10.5% - Interest Only
The transaction features Andres Saias from RBI, who served as the lender, providing the necessary funding for the project. Uriel Ghelman from GB2 6171 LLLP is the landlord associated with the property, indicating the involvement of established entities in this real estate transaction.
Players
Miami 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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93