The asset involved in this transaction is a single-family residence (SFR) located in the Hewlett and Wantagh market. The project consists of two ultra-luxury new-construction properties that were financed using a refinancing arrangement.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $2,156,250
• Lender: Robert Talas & Sep Talas, Esq. - Flatiron Realty Capital
• Loan Type: Refinance
• Loan Terms: 12-Month Stabilized Bridge Loan

This transaction was facilitated by Robert Talas and Sep Talas, Esq., who form part of Flatiron Realty Capital, providing the in-house capital and portfolio loan program for financing this project. The refinance was structured to support the stabilization of these new-construction properties, with Sep Talas available to assist in financing future projects.