Santiago Chacon Of Hera Lending Provides $5.25M Construction Loan For Single Family In Miami
3565 Southwest 14th Street
$5,250,000
$856/SF
Building Size
6,128 SF
Asset Type
Single Family Residence
Closing
Apr 22, 2026
AI
The property asset involved in this transaction is located at 3565 Southwest 14th Street, Miami. It is categorized as a single-family asset with a total square footage of 6,128. The loan amount secured for this property is $5,250,000, classified as a construction loan with a term of 2 years.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,250,000
- Address: 3565 Southwest 14th Street
- Market: Miami
- Asset Size: 6,128 SF
- Loan Type: Construction
- Loan Terms: 2 years
- Originator: Santiago Chacon - Hera Lending
This transaction involves Santiago Chacon as the originator, representing Hera Lending in the financing of the property at the specified address. The details highlight his role in facilitating the loan for the development or improvement of the asset.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93