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Alto Capital Provides $5 Mi...

Alto Capital Provides $5 Million Construction Loan For Coral Gables Residence Renovation
FINANCEDSingle Family Residence

Alto Capital Provides $5 Million Construction Loan For Coral Gables Residence Renovation

$5,000,000

Building Size

Asset Type

Single Family Residence

Closing

May 13, 2026

AI

The asset involved in this transaction is a single-family residence (SFR) located in Coral Gables. A financing of $5,000,000 was secured to support a full-scale renovation of the property, which includes over $2.3 million specifically allocated for repositioning and expanding the residence within a strong Miami-Dade residential market.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,000,000
  • Lender: Daniel Benarroch - Alto Capital
  • Loan Type: Construction
  • Loan Terms: 18 months

Alto Capital, represented by Daniel Benarroch, structured this financing to include a term of 18 months with no prepayment penalty. This arrangement is designed to facilitate an efficient execution process and ensures that the investor’s exit strategy is aligned with their objectives.

Players

Daniel Benarroch

Alto Capital

Lender

$48.2M

vol

11 deals

Lender

Coral Gables 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93