Updated Oct 9, 2026
Eduardo Cohen & Eric Smelcer Provide $3.19M Construction Loan For Dallas Single Family Home
4222 Willow Grove Road
$3,188,249
$359/SF
Building Size
8,864 SF
Asset Type
Single Family Residence
Closing
Feb 13, 2025
About this deal
AI
The property asset involved in the transaction is located at 4222 Willow Grove Road, Dallas. This single-family residence encompasses a total square footage of 8,864. The loan secured for this property was $3,188,249, categorized as a construction loan.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,188,249
- Lender: Eduardo Cohen & Eric Smelcer – RBI Private Lending
- Loan Type: Construction
- Closing Details: Closed at 82.5% LTC
- Interest Rate: 9.99% – Interest Only
Key individuals involved in the deal include Eduardo Cohen and Eric Smelcer, who served as the representatives for RBI Private Lending in this transaction. Their collaboration facilitated the successful acquisition of financing for the property development.
On the Map
$3,188,249
$359/SF
Single Family Residence
View full map
Players
Dallas Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Deal FAQ
Visit Eduardo Cohen to view all their deals.
Browse Dallas single family residence loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.98%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93