facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Single Family Residence

/

Loan

/

Great Neck

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

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

$550,000,000

Building Size

Asset Type

Single Family Residence

Closing

Dec 30, 2025

AI

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

Edward Ostad

Flatiron Realty Capital

Lender

$620.3M

vol

7 deals

Lender
Flatiron Realty Capital
Flatiron Realty CapitalLender

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.03%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93