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Meyer Saffati Of Alto Capital Secures $9.05M Construction Loan For Fort Pierce Project

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FINANCED
$9,048,250

Florida

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Single Family Residence3,029 SF
Financed 06/04/2025
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Property Image
FINANCED

Meyer Saffati Of Alto Capital Secures $9.05M Construction Loan For Fort Pierce Project

Single Family Residence3,029 SF
Financed 06/04/2025
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,987
Total Square Footage:3,029 SF
Transaction Type:Loan

The asset involved in this transaction is a single-family property located in Fort Pierce, Florida, featuring a total square footage of 3,029. The loan amount secured for this new ground-up construction project is $9,048,250.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $9,048,250
  • Lender: Meyer Saffati - Alto Capital
  • Broker: Oscar Ladino - Reinvestar Capital Group
  • Loan Type: Construction
  • Loan Terms: 18 months

This transaction was facilitated through the efforts of Meyer Saffati, who represents Alto Capital, and broker Oscar Ladino, who represents Reinvestar Capital Group. Their collaboration underscores a commitment to supporting impactful real estate development in the Fort Pierce market.

Players

1 deal$9M volume
BROKER

Alto Capital
LENDER

Details

FINANCED
IMAGE: Meyer Saffati & Oscar Ladino DATE: 06/04/2025 MARKET: Fort Pierce ASSET TYPE: Single Family ~ SF: 3,029 LENDER: Meyer Saffati - Alto Capital (@AltoCapital_) BROKER: Oscar Ladino - Reinvestar Capital Group (@ReinvestarCapitalGroup) LOAN AMOUNT: $9,048,250 LOAN TYPE: Construction LOAN TERMS: 18 months NOTE FROM LENDER: 📍New Ground-Up Construction Loan in Fort Pierce, FL Alto Capital has structured a $9,048,250 loan for a new ground-up project led by Meyer Saffati [@msaffati] in Fort Pierce, Florida, with a term of 18 months and no prepayment penalty. This transaction was made possible through the collaboration of broker Oscar Ladino [@reinvestarcapitalgroup], a key partner committed to supporting high-impact real estate development. With growing demand in the Fort Pierce market, this financing reflects Alto Capital’s mission: to empower visionary developers and fund high-value projects that shape communities. At Alto Capital, we do more than lend: we align with your goals to become your long-term growth partner. 📩 [email protected] 📞 +1 (786) 477-9940 | +1 (305) 381-0153

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,048,250.00

Monthly NOI$60,321.67
Monthly Debt Service$57,191.09
Change in Cash Flow$0.00
Refinance Proceeds$0.00