Flatiron Realty Capital Provides $5 Million Loan For Miami Single Family Home Construction
$5,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Oct 30, 2025
AI
The asset involved in the transaction is a luxury single-family home located in Miami, Florida. The loan amount secured for the property is $5,000,000 designated for ground-up construction purchase, facilitating the development of a high-end residential build on a vacant parcel with approved plans.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Lender: Seena Talas - Flatiron Realty Capital
- Loan Type: Construction
- Loan Terms: Ground-Up Construction Purchase
- Date: 10/31/2025
- Market: Miami
The transaction was orchestrated by Flatiron Realty Capital, which structured a tailored financing solution to meet the urgent needs of the sponsor and a group of foreign national investors. Their requirement for quick and flexible funding highlighted Flatiron's capability to deliver certainty and speed in time-sensitive acquisitions, particularly for shovel-ready projects with approved plans.
Players
Market 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93