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RBI Private Lending Provides $2.05M Construction Loan For Skylake Property

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FINANCED
$2,050,000

Florida

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Single Family3,600 SF
Financed 11/13/2023
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FINANCED

RBI Private Lending Provides $2.05M Construction Loan For Skylake Property

19610 Northeast 19th Place

See Similar Deals
Single Family3,600 SF
Financed 11/13/2023
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$569
Total Square Footage:3,600 SF
Transaction Type:Loan

A construction loan was recently secured for a single-family property located at 19610 Northeast 19th Place in Skylake, Aventura. The property spans approximately 3,600 square feet. The loan, provided by RBI Private Lending and facilitated by Eduardo Cohen, amounted to $2,050,000.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $2,050,000
  • Address: 19610 Northeast 19th Place
  • Market: Skylake, Aventura
  • Lender: RBI Private Lending - Eduardo Cohen

Gil Suissa is the landlord of the property. The construction loan, acquired through Eduardo Cohen of RBI Private Lending, will support the development of the single-family home in Skylake, Aventura.

Players

RBI Private Lending
RBI Private Lending
LENDER

Details

FINANCED
IMAGE: Eduardo Cohen & Gil Suissa DATE: 11/13/2023 ADDRESS: 19610 Northeast 19th Place MARKET: Skylake, Aventura ASSET TYPE: Single Family ~ SF: 3,600. LENDER: RBI Private Lending (@RBIPrivateLending) - Eduardo Cohen (@Negroco) LANDLORD: Gil Suissa (@GilSuissa) LOAN AMOUNT: $2,050,000 LOAN TYPE: Construction Loan

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,050,000.00

Monthly NOI$13,666.67
Monthly Debt Service$12,957.39
Change in Cash Flow$0.00
Refinance Proceeds$0.00