Gabriel Sultan Of Alto Capital Provides $9.5 Million Loan For Miami Single-Family Development

A single-family residence is the asset involved in this transaction, located in Miami. The loan structure is designed to finance a ground-up development, amounting to $9,500,000 with a specific allocation for a construction holdback of $6,790,225 to support the project's advancement.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $9,500,000
• Lender: Gabriel Sultan - Alto Capital
• Loan Type: Construction
• Loan Terms: 24 months
• Construction Holdback: $6,790,225
• Loan Note: $9.5 million structured to move a high-value development forward.

Gabriel Sultan represents Alto Capital in this transaction, which has originated over 1 billion dollars in loans year-to-date, establishing the company as the largest RTL lender in Florida. The loan's structure provides the developer with the required capital and flexibility to proceed with the project while maintaining control over the timeline.