Alto Capital Secures $9.5 Million Loan For Ground-Up Construction Of Luxury Single Family Residence In Pinecrest

A single-family residence project is taking place in Pinecrest, a desirable submarket of Miami. The asset is being developed as a luxury home, with a financing arrangement that supports the execution from the initial phase through to completion.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $9,500,000
• Lender: Alto Capital
• Loan Type: Ground-Up Construction
• Note: Trophy Home Development | Pinecrest, FL

Alto Capital is facilitating the financing of this development, highlighting its role as a consistent capital provider for developers and investors across Florida. Daniel Benarroch is the key representative at Alto Capital associated with this transaction.