A 2.5-acre modern equestrian estate featuring main residence, guest house, and 6-stall barn.
LOAN AMOUNT
$3,200,000
Unique property zoning and equestrian amenities made traditional bank construction lenders nervous.
Delivered a $3,200,000 custom debt structure with equity credit for the developer's raw land value.
The Outcome
Project finished on schedule. Appraised at $6,100,000 upon final inspection.
Deal Highlights
LOAN AMOUNT
$3,200,000
LAND VALUE EQUITY
$1,100,000
CONSTRUCTION BUDGET
$2,500,000
LEVERAGE
70% LTC
PROJECTED ARV
$5,800,000
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
A New York investor acquiring an 8-unit brownstone in Crown Heights - $3,800,000 purchase, 95% occupied, $34,000/month gross rent. Seller needed to close in 30 days or the deal was dead.
A Nashville investor identified a 4/2 in a fast-appreciating East Nashville neighborhood - $440,000 purchase, tenant locked in at $3,600/month, strong appreciation market with limited inventory.
An 8-unit walk-up in Worcester's Main South neighborhood. Fully leased, NOI of $79,000, asking $895,000. Investor wanted to add it to a portfolio of three Worcester multifamilies he already owned.
