A 6,200 sq ft transitional luxury estate build with detached guest house in prestigious Coral Gables.
LOAN AMOUNT
$2,800,000
High construction cost required institutional-grade lender balance sheet and rapid draw turnaround.
Adler Capital deployed a $2,800,000 private construction facility with 48-hour draw inspection turnaround.
The Outcome
Sold prior to completion for $5,400,000 to a hedge fund executive relocating from New York.
Deal Highlights
LOAN AMOUNT
$2,800,000
TOTAL COST
$3,750,000
LEVERAGE
75% LTC
PROJECTED ARV
$5,200,000
TERM
24 Months
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A Doral investor picked up a 3/2 in one of Miami-Dade's fastest-growing suburbs for $420,000. Outdated kitchen, original bathrooms, carpet throughout. Updated product was moving at $650K-$680K.
A Palm Beach County investor found a 3/1 in Lake Worth Beach for $195,000 - original 1960s construction, all original finishes, roof past useful life. Updated 3/2s in the area: $340K-$370K.
A high-net-worth investor found a tenant-ready 4/3 in West Boca - $625,000 purchase, existing tenant paying $5,200/month on a renewable lease. Zero work needed, just close and collect.
