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Meyer Saffati Of Alto Capital Provides $5,584,670 Loan For Coconut Grove Residential Development

Property Image
FINANCED
$5,584,670

Florida

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Single Family Residence6,340 SF
Financed 03/02/2026
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Property Image
FINANCED

Meyer Saffati Of Alto Capital Provides $5,584,670 Loan For Coconut Grove Residential Development

Single Family Residence6,340 SF
Financed 03/02/2026
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$880
Total Square Footage:6,340 SF
Transaction Type:Loan

A $5.58 million loan was structured by Alto Capital under a Ground-Up Construction structure for a single-family residence located in Coconut Grove, Florida. The property has a total square footage of 6,340 and holds an estimated market value of $9.02 million. The loan supports a residential development project and is categorized as a construction loan, which is designed to assist the developer in maintaining capital control during execution in a supply-constrained market.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $5,584,670
  • Lender: Meyer Saffati - Alto Capital
  • Loan Type: Construction
  • Loan Terms: 24 months interest only, 8.75% rate, 85% LTC
  • Note from Lender: Residential Development | Coconut Grove, FL

Meyer Saffati of Alto Capital was instrumental in structuring the financing for this project, demonstrating the need for capital that aligns with the pace of project execution. The transaction reflects a focused effort to facilitate development in one of Miami’s most competitive real estate environments.

Players

Alto Capital
Alto Capital
LENDER

Details

FINANCED
IMAGE: Meyer Saffati DATE: 03/02/2026 MARKET: Miami ASSET TYPE: Single Family ~ SF: 6,340 LENDER: Meyer Saffati - Alto Capital (@AltoCapital_) LOAN AMOUNT: $5,584,670 LOAN TYPE: Construction LOAN TERMS: 24 months interest only, 8.75% rate, 85% LTC NOTE FROM LENDER: Residential Development | Coconut Grove, FL Alto Capital structured a $5.58M loan under a Ground-Up Construction structure for a single-family residence located in Coconut Grove, with an estimated value of $9.02M. The financing was designed to support the project’s evolution, allowing the developer to maintain control over capital while executing in one of Miami’s most supply-constrained submarkets. In projects like this, capital isn’t just about availability — it has to be aligned with the real pace of execution. That’s where projects are won or lost. Developers: If you’re building and need a structure that adapts to your execution — not the other way around, let’s talk. 📞 +1 (786) 477-9940 | Meyer Saffati | [email protected]

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$5,584,670.00

Monthly NOI$37,231.13
Monthly Debt Service$35,298.91
Change in Cash Flow$0.00
Refinance Proceeds$0.00