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Seena Talas Of Flatiron Rea...

Seena Talas Of Flatiron Realty Capital Closes 12 Month Mid-Construction Refinance Loan For $4.8M In Pinecrest
FINANCEDSingle Family Residence

Seena Talas Of Flatiron Realty Capital Closes 12 Month Mid-Construction Refinance Loan For $4.8M In Pinecrest

$4,800,000

$533/SF

Building Size

9,000 SF

Asset Type

Single Family Residence

Closing

Sep 25, 2025

AI

The transaction involved a luxury single-family home located in Pinecrest, Florida, with a substantial size of 9,000 square feet. The loan aimed to support the ongoing construction of the property, facilitating the refinancing of an expiring loan to ensure the project's timely completion.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,800,000
  • Loan Type: Construction
  • Loan Terms: 12 Month Mid-Construction Refinance
  • Lender: Seena Talas - Flatiron Realty Capital
  • Market: Pinecrest

This refinancing deal was characterized by Flatiron Realty Capital's capability to provide a bridge loan, addressing the borrower's need for quick financial support. Seena Talas represented Flatiron Realty Capital, underscoring their expertise in managing complex projects mid-construction and ensuring that clients receive timely and tailored financing solutions.

Players

Seena Talas

Flatiron Realty Capital

Lender

$60.2M

vol

7 deals

Lender
Flatiron Realty Capital
Flatiron Realty CapitalLender

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93