A 6-unit residential asset in West Palm Beach close to downtown and Brightline station.
LOAN AMOUNT
$1,420,000
Owner needed capital to install impact windows and new individual electric meters.
Provided $1,420,000 commercial refinance with $180,000 in renovation escrow.
The Outcome
Utility sub-metering reduced operating expenses by $8,400/year, boosting property value by $140,000.
Deal Highlights
LOAN AMOUNT
$1,420,000
PROPERTY VALUE
$1,950,000
MONTHLY RENT
$12,600
DSCR RATIO
1.33
LTV
73%
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A 6-bedroom resort pool home near Disney operating as a high-occupancy Airbnb/VRBO.
Mid-century island home walking distance to Siesta Key Beach needing storm-hardening, new impact glass, and modern elevation.
A dated waterfront pool home in Coral Ridge with great bones and original terrazzo flooring.
