High-floor Aventura luxury condo where the HOA master insurance policy had a temporary lapse during carrier renewal.
LOAN AMOUNT
$750,000
No Fannie/Freddie or retail lender could issue loan approval until the HOA policy was finalized.
Funded a $750,000 6-month bridge note to secure the purchase contract without default.
The Outcome
HOA finalized policy 90 days later; Adler Capital seamlessly refinanced the bridge into a 30-year fixed DSCR loan.
Deal Highlights
LOAN AMOUNT
$750,000
PURCHASE PRICE
$1,050,000
LEVERAGE
71% LTV
TERM
6 Months
CLOSING TIME
7 Days
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A classic mid-century home 3 blocks from Atlantic Avenue with prime expansion and pool addition potential.
A 1920s craftsman bungalow in St. Petersburg requiring historical restoration, foundation leveling, and modern master suite addition.
A Miami investor found a 6-unit walk-up in North Miami - newer roofs, partially updated units, $10,200/month gross rent. Purchase: $980,000. The cap rate was 6.1% and the area was rapidly gentrifying.
