Recent deals

$5,000,000 Funded in Coral Gables

Spectrum Mortgage closes on a $5M spec construction loan to finish building a 8,305 sq. ft. luxury waterfront SFR in Coral Gables. We are fully committed to lending on quality real estate assets throughout all of Florida.

$8,650,000 Funded on Miami Beach

$5,000,000 Funded in Coral Gables

Spectrum Mortgage closes on a $8.650M spec construction loan to finish building a 6,500 sq. ft. luxury intercoastal Miami Beach home. We are fully committed to lending on quality real estate assets throughout all of Florida.

$1,300,000 Funded in Miami

$5,000,000 Funded in Coral Gables

$1,250,000 (2x) Funded in Miramar Beach

Spectrum Mortgage closes on a $1.3M refinance in Miami to satisfy an institutional ballooned loan that was not being renewed. We are fully committed to lending on quality real estate assets throughout all of Florida.

$1,250,000 (2x) Funded in Miramar Beach

Spectrum Mortgage closes on two $1.25M luxury spec construction loans to build two single family vacation homes located in Miramar Beach. 18 month term, 8.5%.

$13,000,000 Funded on Miami beach

$1,250,000 (2x) Funded in Miramar Beach

$13,000,000 Funded on Miami beach

Spectrum Mortgage closes on a $13M spec construction loan to finish building a 7,102 sq. ft. luxury waterfront SFR on Miami Beach. 8% rate, 12 month term.

$14,850,000 Funded on Miami Beach

$1,250,000 (2x) Funded in Miramar Beach

$13,000,000 Funded on Miami beach

Spectrum Mortgage closes on a $14.850M interim land loan in the heart of Miami Beach. Property to be utilized for future construction of a mixed-use developement project.

$1,500,000 Grove Cash-Out

$2,400,000 Funded In Coral Gables

Spectrum Mortgage closes on a $1.5M luxury single family investment home in Coconut Grove. Cash-out refinance, 60% LTV, 24 month term.

$2,400,000 Funded In Coral Gables

Spectrum Mortgage closes on a $3.7M luxury single family investment home in Coral Gables. Sponsor needed immediate funding to purchase property. Approved on Monday, inspected on Tuesday, closed on Friday. 65% LTV, 12 month term, 6 months guaranteed.

$5,500,000 Land Acquisition

$2,400,000 Funded In Coral Gables

$5,500,000 Land Acquisition

Spectrum Mortgage closes on a $5.5M land aquisition loan on ocean to intracoastal lot in Palm Beach County. Property to be utilized for future construction of luxury single family home.

$550,000 Cash Out Refinance

$12,750,000 Luxury Single Family Spec Home on Miami Beach

$1,100,000 For Two Luxury Spec Construction Homes

Spectrum Mortgage closes on a $550,000 cash-out refinance on owner occupied commercial warehouse near Jackson Memorial industrial sector. 36 month term at 8% with 1 year guaranteed. Originated on a Monday, inspected on Tuesday, closed the following Monday.

$1,100,000 For Two Luxury Spec Construction Homes

$12,750,000 Luxury Single Family Spec Home on Miami Beach

$1,100,000 For Two Luxury Spec Construction Homes

Spectrum Mortgage closes on a $1.1M luxury spec construction loan to build two 3,800 sq. ft. single family homes located on in Coral Gables. 9.875% rate, 18 month term.

$12,750,000 Luxury Single Family Spec Home on Miami Beach

Spectrum Mortgage closes on a $12.75M loan for a luxury single family spec home located on Miami Beach. 8.75% rate at 61% LTV, 18-month term, I/O payments, no escrows. Sponsor needed to replace the ballooning construction loan and allow for marketing the property.

$12,750,000 5-unit Coral Gables Luxury Townhouse

$12,750,000 Luxury Single Family Spec Home on Miami Beach

Spectrum Mortgage closes on a $12.75M ground up construction loan to build a luxurious 5-unit townhouse project with no pre-sales located in Coral Gables. 12% rate, 24 month term.

$35,000,000 Construction Loan

$12,750,000 5-unit Coral Gables Luxury Townhouse

$13,750,000 9-unit Coral Gables Luxury Townhouse

Spectrum closes on a $35M first mortgage construction loan facility to finish the development of an ultra-luxury 39-unit high-rise condominium building located in Coral Gables. Spectrum worked with the Sponsor to negotiate the capital structure which included the $35M first mortgage, equity, and subordinate debt sufficient to complete the project.

$13,750,000 9-unit Coral Gables Luxury Townhouse

$12,750,000 5-unit Coral Gables Luxury Townhouse

$13,750,000 9-unit Coral Gables Luxury Townhouse

Spectrum Mortgage closes on a $13.75M construction loan to finish building a luxurious 9-unit townhouse project located in Coral Gables. 8.5% rate, 36 month term. 3 units pre-sold at time of loan closing.

$10,000,000 Cash-Out For Luxury Spec Construction

Spectrum Mortgage closes on a $10M cash out luxury spec construction loan to complete a 18,000 sq. ft. single family home located in Coral Gables. 8% rate, 18 month term, non-US guarantor.

$3,500,000 For Flatiron Penthouse

$10,000,000 Cash-Out For Luxury Spec Construction

Spectrum Mortgage closes on a $3.5M construction loan to complete the interior of a 5,453 square foot three-story penthouse unit on Brickell.

$2,000,000 at 77% LTV For Coral Gables SFR

$10,000,000 Cash-Out For Luxury Spec Construction

$2,000,000 at 77% LTV For Coral Gables SFR

Spectrum Mortgage closes a loan on a $2.0M luxury Coral Gables, 2,196 sq ft, single family home. 8.875% rate, 24 month term. Home purchased as investment and held for future development.

$6,500,000 Loan On Hibiscus Island

$2,000,000 at 77% LTV For Coral Gables SFR

Spectrum Mortgage closes on a $6.5M spec construction loan to finish building a 6,200 sq. ft. luxury SFR on Hibiscus Island.

$4,500,000 Cash-Out Orlando

$6,500,000 Loan On Hibiscus Island

$7,350,000 SFR Loan In The Grove

Spectrum Mortgage closes on a $4.5M cash out refinance future development site on an Orlando land parcel. Zoned for high density residential and commercial.

$7,350,000 SFR Loan In The Grove

$6,500,000 Loan On Hibiscus Island

$7,350,000 SFR Loan In The Grove

Spectrum Mortgage closes on a $7.350M Coconut Grove single family residence spec construction plus contiguous land parcel.

$5,950,000 Coral Gables Spec Home

Spectrum Mortgage closes on a $5.95M loan for a ground up construction project located in Coral Gables. 36 month term, 65% LTV.

$2,000,000 Interim Development

$5,950,000 Coral Gables Spec Home

Spectrum Mortgage closes on a $2.0M interim development loan on a vacant commercial strip center in Miami. 12 month term at 10%. Non-recourse.

$400,000 SFR Loan In Pinecrest

$5,950,000 Coral Gables Spec Home

$400,000 SFR Loan In Pinecrest

Spectrum Mortgage closes on a $400,000 loan for a luxury single family spec home located in Pinecrest. 9% rate, 18 month term.

$10,550,000 Funded On 70 acre Orlando Sale

$13,000,000 Inventory Loan On Condominium Project

Spectrum Mortgage structured a new loan facility secured by the pledge of a $10,550,000 PMM note held by the seller of a 70 acre parcel fronting International Drive in Orlando, FL. Spectrum advanced 100% of the note value @ 8% with no prepayment penalty.

$13,000,000 Inventory Loan On Condominium Project

Spectrum Mortgage Group, Inc. closes a $13,000,000 inventory loan on a newly constructed condominium project. Developer paid off construction and mezzanine debt while lowering caring costs. 8% for 18 months including interest reserve.

$2,500,000 Bridge Loan In Naples

$13,000,000 Inventory Loan On Condominium Project

$10,000,000 250 Acre 40 Year Old Golf Course

Spectrum Mortgage Group, Inc. closes on a $2.5M Bridge loan secured by a free standing office complex recently re-zoned for residential use in Naples Florida. Sponsor needed immediate funding to pay off a private loan in a multiple parcel collateralized transaction to free up funding for a new acquisition. Spectrum approved and funded the loan in 9 days.

$10,000,000 250 Acre 40 Year Old Golf Course

$3,500,000 Luxury 4-Unit Town Home In Coral Gables

$10,000,000 250 Acre 40 Year Old Golf Course

Spectrum Mortgages Group, Inc. closes on a $10M bridge loan for the redevelopment of a 250 acre 40 year old golf course property to allow the sponsor time to create 94 residential resort lots, 51 estate lots, 24 golf villa lots an a 200 unit high rise condominium pad in addition to a 150 key hotel pad. Funds were arranged non recourse and allowed for the future advance of vertical development on the site.

$3,500,000 Luxury 4-Unit Town Home In Coral Gables

Spectrum Mortgage Group, Inc. closes on a $3,500,00 bridge loan to finish the construction of a luxury four unit town home project in the heart of Coral Gables. Borrower needed immediate cash for the purchase of an investment land parcel to be use for additional town house development. Spectrum approved and closed the loan in 14 days.

$1,280,000 Ocean Front Condo In Ft. Lauderdale

$3,500,000 Luxury 4-Unit Town Home In Coral Gables

Spectrum Mortgage Group, Inc. closes on an owner occupied Ft. Lauderdale luxury ocean front condominium for $1,280,000 @ 60% LTV. Guarantor received the cash out business purpose loan fixed for 24 months to refinance several commercial properties owned by the same borrower.

$1,500,000 Ft. Lauderdale SFR

$2,400,000 Hawker 1000A Purchase From Venezuelan

Single Family Resident Cash Out Refinance. Spectrum closes on a $1,500,000 loan @ 60% LTV on Ft. Lauderdale resident for business purpose. 7.875% fixed for 24 months with 9 months guarantee.

$2,400,000 Hawker 1000A Purchase From Venezuelan

Spectrum Mortgage Group, Inc. closes on a Hawker 1000A purchase. Borrower and Venezuelan guarantor needed to close quick on $2.4M purchase and received a $750,000 loan fixed for 12 months.

$700,000 Jade Brickell Condo Loan

$2,400,000 Hawker 1000A Purchase From Venezuelan

$700,000 Jade Brickell Condo Loan

Spectrum closes on a $700,000 luxury condominium loan, 50% LTV @ 7.875% for 24 months at the Jade Brickell. Proceeds provided for borrower to invest in his fast food business.

$2,800,000 Miami Beach Investment

$900,000 Ft. Lauderdale Flex Office Space Condo

$700,000 Jade Brickell Condo Loan

Prime Miami Beach investment home purchase of $2.8M with a new first of $1.8M fixed for 36 months @ 9%. Borrower purchased home to renovate and reposition for a future sale.

$500,000 Luxury Condo On Brickell Key

$900,000 Ft. Lauderdale Flex Office Space Condo

Spectrum Mortgage closes on another luxury condominium unit. Brickell Key luxury condominium refinance. Foreign National borrower. $500,000 @ 8% for 24 months. Closed in 6 days.

$900,000 Ft. Lauderdale Flex Office Space Condo

Spectrum Mortgage Group, Inc. closes another private loan. Ft. Lauderdale flex office space condominium and business loan. Funding of $900,000 for 24 months @ 9.25% for interior construction and equipment. No tenants in place at closing. Approved and closed in seven business days.