Updated May 12, 2025
Meyer Saffati Of Alto Capital Provides $2.5M Loan For Dallas Development Project
$2,517,291
$417/SF
Building Size
6,036 SF
Asset Type
Single Family Residence
Closing
Mar 28, 2025
About this deal
AI
The asset involved in this transaction is a single-family residence (SFR) with a square footage of 6,036 located in the Dallas market. A construction loan amounting to $2,517,291 was structured and funded for a new development project. The terms of this loan are set for a duration of 18 months.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $2,517,291
- Lender: Meyer Saffati - Alto Capital
- Loan Type: Construction
- Loan Terms: 18 months
This transaction is representative of Alto Capital's commitment to supporting developers. Meyer Saffati, as the lender, has successfully facilitated the loan to ensure the timely progression of a ground-up build, emphasizing their focus on clarity, speed, and reliability in private lending.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Deal FAQ
Visit Meyer Saffati to view all their deals.
Browse Texas single family residence loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.30%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93