What Ignacio's team finances
Acquisition bridge financing
Capital to close an acquisition quickly while permanent financing is lined up.
Construction bridge loans
Milestone-based draws and interest reserves aligned to the project budget.
Refinance bridge loans
Runway to stabilize or reposition a project before permanent financing.
Multifamily real estate financing
From acquisition to repositioning and lease-up.
MIT SLOAN
Education and background
- MBA, MIT Sloan School of Management. Siebel Scholar and McKinsey Award recipient for academic excellence and leadership potential; graduated first in his class.
- Eight years as an engagement manager at what is now Strategy&, working across four continents.
- Managed North American export operations at VWR International, a global distributor of scientific products.
- Co-owner and managing partner, Group P6, a Boca Raton residential developer.
- Languages: English, Spanish, and Portuguese; conversational French.
BRORA CAPITAL
Experience and background
Ignacio Diaz is a co-founder and managing partner of Brora Capital, a Boca Raton private lender providing bridge, construction, acquisition, and land financing. He directs operations and the borrower experience, drawing on a development career that ran from land acquisition and entitlements through financing, construction, refinancing, and sale.
He has sat on the borrower's side of the table. In 2020, with lending markets disrupted by the pandemic, he helped secure a $68.5 million non-recourse construction loan from CIM Group for Royal Palm Residences, a 48-residence condominium in downtown Boca Raton that was more than 40 percent pre-sold before construction began. As a managing partner of Group P6, he has also led residential projects in Boca Raton, Deerfield Beach, and Fort Lauderdale, including 327 Royal Palm and the approved 306-unit Modera Boca.
That operating background shapes how Brora underwrites, with terms and structures built around how projects actually get built and sold. Recent closings include a $14.5 million bridge-to-construction loan for Aletto at Sanborn Square in downtown Boca Raton and a $26 million construction loan for Highland Park Residences in Miami.
Elsewhere online
Co-owner and managing partner, Group P6, a Boca Raton residential developer.
Profile at Group P6 ↗Articles
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Frequently asked questions
Who founded Brora Capital?
Brora Capital was co-founded by Ignacio Diaz and Jose Padua, who both serve as managing partners. Both came to lending from careers developing real estate in South Florida.
Is Brora Capital a direct lender or a broker?
Brora Capital is a direct private lender. It underwrites and structures its own loans for developers and investors, and it works with brokers and intermediaries who bring deals to the firm.
What is Ignacio Diaz's background?
Ignacio is a real estate developer and operator. As a managing partner of Group P6, he has led residential projects in South Florida from land acquisition through financing, construction, and sale. He spent eight years as an engagement manager at what is now Strategy& and holds an MBA from MIT Sloan.
What kinds of loans does Brora Capital offer?
Brora provides short-term bridge, construction, acquisition, refinance, and land loans, typically between $4 million and $40 million, for projects across Florida and the Southeast.
In the news
Coverage of Ignacio’s work as a developer at Group P6.
November 2020
December 2020
December 2020
October 2024