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

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.