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.
Real estate operator facing an aggressive hard money balloon note default on a renovated 4-unit property.
Luxury 2-bedroom oceanfront condo generating strong long-term executive rental income.
A 10-unit residential complex near Lake Eola in downtown Orlando.
