An estate property in Coral Gables with multiple heirs requiring immediate liquidation to clear estate taxes.
LOAN AMOUNT
$880,000
Title had seasoning issues and probate clearance conditions that scared away conventional underwriters.
Adler Capital worked with the probate attorney and funded an $880,000 bridge loan in 10 days.
The Outcome
Heirs received immediate payout. Sponsor completed luxury remodel and sold for $1,380,000.
Deal Highlights
LOAN AMOUNT
$880,000
PURCHASE PRICE
$720,000
RENOVATION BUDGET
$190,000
LEVERAGE
90% LTV + 100% Rehab
AFTER-REPAIR VALUE
$1,350,000
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A 6,200 sq ft transitional luxury estate build with detached guest house in prestigious Coral Gables.
A Middlesex County investor bought a 3/1 in Medford for $465,000 - original 1940s finishes, unfinished basement, needs full kitchen and bath. Updated 3/2s in Medford: $680K-$720K.
A Dallas builder had two permitted lots in Frisco - 3,200 sq ft new construction homes in a neighborhood where comparable product was selling at $980K-$1.05M. Total cost per unit: $620,000.
