Daniel Benarroch Of Alto Capital Provides $4.58M Construction Loan For Coral Gables Single Family Home

The asset involved in this transaction is a single-family home located in Coral Gables, with a total square footage of 3,728. The property is part of a loan agreement focusing on new construction refinancing.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $4,585,000
• Lender: Daniel Benarroch - Alto Capital
• Loan Type: Construction
• Loan Terms: 18 months
• Prepayment Penalty: No

Daniel Benarroch from Alto Capital is the lender providing the construction loan. This financing aims to ensure project continuity, prioritizing timely capital access and protecting project progress without incurring delays or financial penalties.