Hector Castro & Brady Fisher Of Hera Lending Provides $6M Construction Loan In Miami
679 Northeast 77th Street
$6,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jan 29, 2026
AI
The asset involved is a single-family home located at 679 Northeast 77th Street in the Miami market. The loan amount secured for this property is $6,000,000, designated as a construction loan with terms set for 18 months.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,000,000
- Loan Type: Construction
- Loan Terms: 18 months
- Date: 01/30/2026
- Originator: Hector Castro & Brady Fisher - Hera Lending
The deal was successfully originated through strong structuring, coordination, and execution from start to finish by the team at Hera Lending.
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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93