Case study · Condominium financing
$1M condo loan: Alton Road, Miami Beach
First-position financing on a Miami Beach condominium — funded and paid off.
- Loan amount
- $1,000,000
- Loan type
- Condominium bridge
- Position
- First lien
- LTV
- ~60%
- Outcome
- Paid off
- Asset
- Condominium, 450 Alton Road #2405, Miami Beach
The situation
A borrower needed $1 million against a condominium on Alton Road in Miami Beach. Smaller ticket, same expectation: certainty, speed, and a lender who answers the phone.
The execution
A $1 million first-position loan underwritten on the unit, documented by our counsel, and funded without the drag of a conventional process.
The outcome
Loan paid off in full. From $1M to $60M+, the same principals and the same standard of execution.
Your deal
Term sheet within 24 hours.
Condo, bridge, acquisition, or construction — $1M to $100M+. Term sheet within 24 hours.