Gabriel Varela Of Casa Finance Provides $3.8M Construction Loan In Surfside For Single Family Home
FINANCED
$3,800,000
Florida
See Similar DealsSingle Family Residence5,331 SF
Financed 10/07/2025
FINANCED
Gabriel Varela Of Casa Finance Provides $3.8M Construction Loan In Surfside For Single Family Home
Single Family Residence5,331 SF
Financed 10/07/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$712
Total Square Footage:5,331 SF
Transaction Type:Loan
The asset is a single-family home located in Surfside, encompassing 5,331 square feet. The property is involved in a construction loan transaction aimed at financing its development.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,800,000
- Lender: Gabriel Varela
- Lender Agency: Casa Finance
- Loan Type: Construction
- Loan Terms: 24 months
Gabriel Varela represents Casa Finance in this loan transaction, facilitating the funding required for the construction of the property. This deal involves a structured financial arrangement that outlines specific terms for the loan's duration and purpose.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,800,000.00
Monthly NOI$25,333.33
Monthly Debt Service$24,018.58
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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