Hector Castro & Brady Fisher Of Hera Lending Provides $6M Construction Loan In Miami
FINANCED
$6,000,000
Florida
See Similar DealsSingle Family Residence
Financed 01/30/2026
FINANCED
Hector Castro & Brady Fisher Of Hera Lending Provides $6M Construction Loan In Miami
679 Northeast 77th Street
See Similar DealsSingle Family Residence
Financed 01/30/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,000,000.00
Monthly NOI$40,000.00
Monthly Debt Service$37,924.08
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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