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Hera Lending Secures $7,000...

Hera Lending Secures $7,000,000 Bridge Loan For Single Family Asset In Key Biscayne
FINANCEDSingle Family Residence

Hera Lending Secures $7,000,000 Bridge Loan For Single Family Asset In Key Biscayne

$7,000,000

Building Size

Asset Type

Single Family Residence

Closing

Jun 30, 2026

AI

The asset involved in the transaction is a Single Family home located in Key Biscayne, FL. The loan amount secured for this property was $7,000,000, structured as a bridge loan with a term of 12 months.

Summary of transaction details:

The key individuals involved in this transaction are Hector Castro and Brady Fisher, both associated with Hera Lending, who facilitated the loan process for this deal.

Players

Hector Castro

Originator

$56.4M

vol

12 deals

Originator

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

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93