Meyer Saffati Of Alto Capital Provides $5,588,190 Refinance For Luxury Residence In Pinecrest

A luxury single-family residence is under development in Pinecrest, Florida. The property is designed in a two-story, Chateau style and includes a pool, spa, and outdoor kitchen, contributing to its projected completed value of $10.8 million.

Summary of transaction details:

• Property Type: Luxury Single-Family Residence
• Transaction Amount: $5,588,190
• Lender: Meyer Saffati – Alto Capital
• Loan Type: Refinance w/ Holdback — Ground-Up Construction
• Loan Terms: 24 months
• Living Space: 8,532 square feet
• Bedrooms: 8

Meyer Saffati, representing Alto Capital, facilitated the refinancing of the project to meet its capital requirements. The company, with a history of over $3 billion in loans funded, continues to support the financing of various residential developments.