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Flatiron Realty Capital Provides $550 Million Loan For Luxury Home Development Nationwide

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FINANCED
$550,000,000

New York

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Single Family Residence
Financed 12/30/2025
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Property Image
FINANCED

Flatiron Realty Capital Provides $550 Million Loan For Luxury Home Development Nationwide

Single Family Residence
Financed 12/30/2025
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Summary

Asset Type:Single Family Residence
Transaction Type:Loan

The asset involved in this transaction is a single-family residence (SFR) with a total loan amount of $550,000,000. This financing caters to various loan types including Ground Up Construction, Mid Construction, Stabilized Bridge, Fix and Flip, Acquisitions, Cash Out Refinance, and DSCR Loans. The transaction is part of Flatiron Realty Capital's portfolio increase which has expanded since January 2025.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $550,000,000
  • Lender: Robert Talas, Michael Ostad & Edward Ostad - Flatiron Realty Capital
  • Market: Nationwide
  • Loan Types: Ground Up Construction, Mid Construction, Stabilized Bridge, Fix and Flip, Acquisitions, Cash Out Refinance, DSCR Loans

The key individuals participating in this transaction include Robert Talas, Michael Ostad, and Edward Ostad, who represent Flatiron Realty Capital. This lender is noted for its swift processing, enabling transactions to occur within one week from loan application inception. Flatiron Realty Capital is expanding its services with an additional $250 million projected for deployment in Q2 of 2026, focusing on adaptability to the specific needs of luxury home developers and builders across several key markets.

Players

EO
7 deals$620.3M volume
LENDER

5 deals$609.2M volume
LENDER

LENDER

Details

FINANCED
IMAGE: Michael Ostad, Robert Talas & Edward Ostad DATE: 12/31/2025 MARKET: Nationwide ASSET TYPE: SFR LENDER: Robert Talas (@BobbyTalas), Michael Ostad (@MichaelOstad) & Edward Ostad - Flatiron Realty Capital (@FlatironRealtyCapital) TOTAL LOAN AMOUNT: $550,000,000 LOAN TYPE: Ground Up Construction, Mid Construction, Stabilized Bridge, Fix and Flip, Acquisitions, Cash Out Refinance and DSCR Loans NOTE FROM LENDER: Since January 2025, Flatiron Realty Capital increased its portfolio of loan assets under management by an additional $550 million. As demand for reliable capital in the luxury home development sector continues to rise, Flatiron has quickly become the most active and reliable direct lender for luxury developers and homebuilders across the country. Thriving in markets across The Hamptons, South Florida, New York City, New Jersey, Connecticut, California, Arizona and Texas. With an additional $250 million projected to be deployed in Q2 of 2026, Flatirons robust pipeline of transactions ranging from $2 - $20 million loans has demonstrated its commitment to this ultra active market segment. Where other lenders lack speed and certainty, Flatiron continues to separate itself through in-house underwriting and a draw process built specifically for builders to keep construction moving. The ability to transact inside of one week from inception of a loan application has put Flatiron in a league of its own. From acquisition financing and cash-out refinances to ground-up construction and DSCR rental loans, Flatiron delivers custom-tailored solutions designed around each borrower’s specific needs. To discuss new opportunities for you or your clients, contact the Flatiron team today.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$550,000,000.00

Monthly NOI$3,666,666.67
Monthly Debt Service$3,476,374.13
Change in Cash Flow$0.00
Refinance Proceeds$0.00