Updated Mar 4, 2026
Brora Capital Secures $12.5 Million Bridge Loan For Single Family In Gulf Stream
8 Driftwood Landing Road
$12,500,000
Building Size
—
Asset Type
Single Family Residence
Closing
Oct 2, 2025
About this deal
AI
The property involved in this transaction is located at 8 Driftwood Landing Road in Gulf Stream. This asset is categorized as a Single Family residence and has a loan amount of $12,500,000 associated with it, classified as a Bridge loan.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,500,000
- Lender: Ignacio Diaz, Jose Padua Jr, Ben Gluck & Todd Richardson - Brora Capital
- Loan Type: Bridge
The transaction was facilitated by Ignacio Diaz, Jose Padua Jr, Ben Gluck, and Todd Richardson, who represent Brora Capital as the lending entity in this deal, underscoring their roles in the provision of financial support for the property transaction.
On the Map
$12,500,000
Single Family Residence
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Delray Beach 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93