Bridge Construction Loan - Coconut Grove, Miami, FL
Transaction Details
- Project Type: Single-Family Residence (Acquisition + Construction)
- Loan Amount: $8,000,000
- Term: 24 Months (plus 6-Month Extension Option)
- Rate: SOFR + 535
- Guaranty: Partial Recourse
- Structure: Acquisition + Construction
- Closed: Q3 2026
- Location: Coconut Grove, Miami, FL
- Arranged By: Adam Dreyfuss and Tomer Sheelo
Transaction Overview
FOCAL arranged an $8.0 million bridge construction loan for the acquisition and construction of a single-family residence in Coconut Grove, Miami, for a repeat FOCAL client. The financing was arranged by Adam Dreyfuss and Tomer Sheelo of FOCAL, a Beverly Hills-based commercial real estate debt and equity advisory firm arranging financing nationwide.
The financing provided $5.65 million at closing for the acquisition, with the remaining proceeds available to fund construction as the project progresses. The loan carries a 24-month term with a six-month extension option, priced at SOFR + 535 with partial recourse.
On a construction deal, structure, draw flexibility, and execution certainty can matter more than headline pricing. FOCAL values the strength of its capital relationships and their ability to deliver financing structures that align with a borrower's business plan.
About FOCAL Advisory
At FOCAL, we are dedicated to empowering our clients through comprehensive real estate advisory services tailored to meet the complexities of today's market. We specialize in market analysis, due diligence, asset management, transaction support, and innovative financing solutions, so that each investment decision is strategic, data-driven, and aligned with our clients' long-term goals.
Every real estate project carries its own unique financing requirements. Our tailored financing solutions provide flexible, efficient, and strategic funding options aligned with the specific needs of each investment - drawing on a broad spectrum of capital sources, from institutional funds and CMBS to agencies, local banks, and private money lenders, on transactions nationwide.
Contact the capital markets team - Adam Dreyfuss (DRE 02243085, adam@focalinvest.com) and Tomer Sheelo (DRE 02144916, tomer@focalinvest.com) · (310) 929-6959 · 150 S Rodeo Drive, Suite 100, Beverly Hills, CA 90212.
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