Case study · Bridge financing
$10M bridge loan: S Hibiscus Drive, Miami Beach
First-position financing on a Palm Island waterfront residence — funded, performed, and paid off.
- Loan amount
- $10,000,000
- Loan type
- Bridge
- Position
- First lien
- LTV
- ~60%
- Outcome
- Paid off
- Asset
- Waterfront residence, 428 S Hibiscus Drive, Miami Beach
The situation
A Miami Beach sponsor needed $10 million against a waterfront residence on Palm Island. The deal required a lender who could size to the asset and move without institutional friction.
The execution
A $10 million first-position loan structured on the collateral, documented cleanly, and funded so the sponsor could execute without delay.
The outcome
Loan paid off in full. Another Venetian Islands transaction completed on Matchpoint's private timeline.
Your deal
Term sheet within 24 hours.
Bridge, acquisition, refinance, or construction — $1M to $100M+. Term sheet within 24 hours.