Updated Feb 6, 2026
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
About this deal
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.
On the Map
$6,000,000
Single Family Residence
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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