Updated Aug 10, 2026
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
About this deal
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:
- Property Type: Single Family
- Transaction Amount: $7,000,000
- Loan Type: Bridge
- Loan Terms: 12 Months
- Market: Key Biscayne, FL
- Originators: Hector Castro & Brady Fisher - Hera Lending
- Broker: Hera Lending
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
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