LMF Commercial Provides $40,000,000 Refinance Loan For 252 Unit Multifamily Asset In Little Rock
FINANCED
$40,000,000
Arkansas
See Similar DealsMultiFamily
Financed 05/27/2026
FINANCED
LMF Commercial Provides $40,000,000 Refinance Loan For 252 Unit Multifamily Asset In Little Rock
MultiFamily
Financed 05/27/2026
Summary
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in Little Rock, AR, consisting of 252 units. The transaction includes a refinance loan amounting to $40,000,000 with terms set for a 5-year CMBS and a full-term interest only (FTIO) structure.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $40,000,000
- Lender: LMF Commercial
- Loan Originators: Nihad Choudhury, Gavin Ferruggia & Steven Russell
- Broker: Joseph Burnstein - Fortune Capital Group
- Loan Terms: CMBS- 5 Year, FTIO
- Units: 252
- Market: Little Rock, AR
The key individuals involved in this transaction include Nihad Choudhury, Gavin Ferruggia, and Steven Russell, who served as loan originators. Joseph Burnstein represented the broker in this transaction through Fortune Capital Group, facilitating the refinance process for the multifamily property in Little Rock.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$40,000,000.00
Monthly NOI$266,666.67
Monthly Debt Service$252,827.21
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions