Robert Talas & Joseph Talas Of Flatiron Realty Capital Close $16M Refinance On Sag Harbor SFR

This transaction involved two luxury single-family residences located in Sag Harbor, NY, reflecting significant investment in the high-end real estate market. The asset was subject to a refinancing arrangement, with a loan amount set at $16,000,000 under a stabilized bridge cashout refinance structure to optimize the financial flexibility of the borrower.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $16,000,000
• Lender: Robert Talas & Joseph Talas
• Lender Agency: Flatiron Realty Capital
• Loan Type: Refinance
• Loan Terms: Stabilized Bridge Cashout Refinance
• Date of Transaction: 3/31/2026
• Market: Sag Harbor

Flatiron Realty Capital, represented by Robert Talas and Joseph Talas in this deal, provided immediate liquidity against the assets while refinancing an expiring bank loan. The borrower sought to leverage the increased value of the completed projects, utilizing Flatiron's competitive rates to align with their sale process and financial strategy, enhancing Flatiron's presence in the luxury home market across the Hamptons.