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