Gabriel Sultan Of Alto Capital Provides $4.31M Construction Loan For Coral Gables Single Family Home
$4,313,540
$736/SF
Building Size
5,857 SF
Asset Type
Single Family Residence
Closing
Jul 10, 2025
AI
The asset involved in this transaction is a single-family property located in Coral Gables, with a total square footage of 5,857. The loan amount secured for this asset is $4,313,540, which is designated for new construction purposes over a term of 24 months. There is no prepayment penalty associated with this loan.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $4,313,540
- Lender: Gabriel Sultan - Alto Capital
- Loan Type: Construction
- Loan Terms: 24 months
- Note from Lender: New construction loan in Coral Gables
Gabriel Sultan, representing Alto Capital, is the lender facilitating this construction loan. The focus of this transaction is on leveraging funding opportunities for new construction investments in the U.S., encouraging investors to utilize capital provided by Alto Capital to maximize their potential in the market.
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
3.68%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93