Gabriel Sultan Of Alto Capital Provides $6,900,000 Loan For Waterfront Residence In Hollywood

A financing arrangement has been established for the ground-up construction of a new luxury waterfront residence in Hollywood, Florida, encompassing a total area of 6,900 square feet. The projected completed value of the property is estimated at $10 million, and the financing amount secured is $6,900,000, structured over a term of 24 months with no prepayment penalty.

Summary of transaction details:

• Property Type: Single-Family Residence
• Transaction Amount: $6,900,000
• Lender: Gabriel Sultan - Alto Capital
• Loan Type: Refinance — Ground-Up Construction
• Loan Terms: 24 months

Gabriel Sultan, representing Alto Capital, facilitated the financing deal, which emphasizes the lender's extensive experience in funding high-value residential developments, amounting to over $3 billion in loans funded nationwide. The loan supports the construction project, aiming to deliver a luxury property that aligns with current real estate trends in the area.