Brandon Moulton Of Renovo Financial Provides $3,345,000 Construction Loan For Lincoln Park Condo
$3,345,000
Building Size
—
Asset Type
Condo
Closing
Oct 7, 2026
About this deal
AI
The asset involved in this transaction is a condo located in Lincoln Park. It is secured by a construction loan with an amount of $3,345,000 provided by Renovo Financial, under the origination of Brandon Moulton. The loan is structured as interest only.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,345,000
- Lender: Renovo Financial
- Originator: Brandon Moulton
- Loan Type: Construction
- Loan Terms: Interest Only
- Market: Lincoln Park
This deal was facilitated by Brandon Moulton, who served as the loan originator, representing the interests of the lender, Renovo Financial, in securing funding for the condo development project.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.74%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93