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Brora Capital Secures $12.5 Million Bridge Loan For Single Family In Gulf Stream

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FINANCED
$12,500,000

Florida

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Single Family Residence
Financed 10/03/2025
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FINANCED

Brora Capital Secures $12.5 Million Bridge Loan For Single Family In Gulf Stream

8 Driftwood Landing Road

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Single Family Residence
Financed 10/03/2025
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Summary

FLORIDA
Asset Type:Single Family Residence
Transaction Type:Loan

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.

Players

BROKERAGE

Details

FINANCED
IMAGE: Jose Padua Jr, Ignacio Diaz, Ben Gluck & Todd Richardson DATE: 10/03/2025 ADDRESS: 8 Driftwood Landing Road MARKET: Gulf Stream ASSET TYPE: Single Family LENDER: Ignacio Diaz, Jose Padua Jr, Ben Gluck & Todd Richardson (@ToddR9) - Brora Capital LOAN AMOUNT: $12,500,000 LOAN TYPE: Bridge

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$12,500,000.00

Monthly NOI$83,333.33
Monthly Debt Service$79,008.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00