This request is for a $4,000,000 refinance loan secured by a luxury single-family residence located in Odessa, Florida. The property offers approximately 13,168 square feet of living space, including 8 bedrooms, 5 bathrooms, 2 full interior kitchens, an outdoor kitchen and entertainment area, a 4-car garage, a gym, office space, a movie theater, and an in-ground pool with a lazy river. Borrower is currently pursuing conventional bank financing to refinance select properties and restructure existing hard money debt with DKC.
Collateral:
Type: New Construction
Description:
This request is for a $260,000 new construction loan secured by two to-be-built single-family homes (to be built) and two additional neighboring subdivided lots pledged as collateral. The first will consist of three bedrooms, two bathrooms, approximately 1,704 square feet of living area, and a two-car garage. The second will include three bedrooms, 2.5 bathrooms, approximately 1,777 heated square feet, and a two-car garage. Borrower primary exit strategy is to sell the property after completion.
- Loan Amount: $260,000
- Date: March 2026
