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Loan · Single Family Residence

Flatiron Realty Capital Provides $5 Million Loan For Miami Single Family Home Construction
FINANCEDSingle Family Residence

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

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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93