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S3 Capital Partners Provides $1.5M Refinance Loan On Miami Single Family Residence

Property Image
FINANCED
$1,500,000

Florida

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Single Family Residence4,600 SF
Financed 11/02/2024
the dealplayerscompscontact
Property Image
FINANCED

S3 Capital Partners Provides $1.5M Refinance Loan On Miami Single Family Residence

Single Family Residence4,600 SF
Financed 11/02/2024
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$326
Total Square Footage:4,600 SF
Transaction Type:Loan

The asset involved in this transaction is a single-family residence located in Miami, FL, featuring a total square footage of 4,600 and consisting of 1 unit. The loan amount secured for the property is $1,500,000 and it represents a refinance with terms set for 12 months.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,500,000
  • Loan Type: Refinance
  • Loan Terms: 12 Months
  • Lender: Robert Schwartz & Steven Jemal - S3 Capital Partners
  • Broker: Emile Schachter - WD Capital Group
  • Date: 11/02/2024

The deal features key individuals including lenders Robert Schwartz and Steven Jemal, who are part of S3 Capital Partners. The brokerage representation for this transaction is handled by Emile Schachter from WD Capital Group, overseeing the details of the refinance agreement.

Players

Emile Schachter
Emile Schachter
22 deals$419.9M volume
BROKER
S3 Capital
S3 Capital
LENDER

Details

FINANCED
IMAGE: Robert Schwartz, Emile Schachter & Steven Jemal DATE: 11/02/2024 MARKET: Miami, FL ASSET TYPE: SFR ~ SF: 4,600 ~ UNITS: 1 LENDER: Robert Schwartz & Steven Jemal (@SFJemal) - S3 Capital Partners (@S3Capital) BROKER: Emile Schachter (@EmileSchachter) - WD Capital Group (@WDCapitalAdvisors) LOAN AMOUNT: $1,500,000 LOAN TYPE: Refinance LOAN TERMS: 12 Months

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,500,000.00

Monthly NOI$10,000.00
Monthly Debt Service$9,481.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00