Gabriel Sultan Of Alto Capital Provides $2.97M Construction Loan In Boca Raton For New Project
$2,972,975
$621/SF
Building Size
4,786 SF
Asset Type
Single Family Residence
Closing
Aug 17, 2025
AI
The asset involved in this transaction is a Single Family property located in Boca Raton, Florida, with a total square footage of 4,786. The transaction involves a loan amount of $2,972,975 for construction purposes.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,972,975
- Lender: Gabriel Sultan - Alto Capital
- Loan Type: Construction
- Loan Terms: 24 months
- Location: Palm Beach County, FL
- No prepayment penalty
The deal was facilitated by Gabriel Sultan, a representative of Alto Capital, who played a crucial role in refinancing the project to unlock capital and optimize cash flow, allowing the construction to proceed without any friction.
Players
Market 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
5.34%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93