Daniel Benarroch Of Alto Capital Provides $4.58M Construction Loan For Coral Gables Single Family Home
FINANCED
$4,585,000
Florida
See Similar DealsSingle Family Residence3,728 SF
Financed 09/03/2025
FINANCED
Daniel Benarroch Of Alto Capital Provides $4.58M Construction Loan For Coral Gables Single Family Home
Single Family Residence3,728 SF
Financed 09/03/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,229
Total Square Footage:3,728 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,585,000.00
Monthly NOI$30,566.67
Monthly Debt Service$28,980.32
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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