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.
An Atlanta investor acquired a 10-unit apartment building in Midtown for $2,200,000 - aging but structurally sound, rents averaging $1,100 vs market of $1,450. Classic Midtown value-add.
A 2-family in Lowell's Belvidere neighborhood. Both units leased to long-term tenants at $2,100 and $1,950/month. Purchase price $385,000. Investor was a school principal with W-2 income but a tight DTI.
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 Outdated kitchen, original bathrooms, carpet throughout.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.
