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Multifamily Portfolio

$20.1M Permanent Mortgage Financing Secured For Southern New England Multifamily Portfolio
FINANCEDMultiFamily

$20.1M Permanent Mortgage Financing Secured For Southern New England Multifamily Portfolio

Multifamily Portfolio

$20,100,000

Building Size

Asset Type

MultiFamily

Closing

Feb 20, 2023

AI

A multifamily portfolio located in Southern New England has secured permanent mortgage financing with a loan amount of $20,100,000. The loan transaction was facilitated by Brian Walsh of EagleBridge Capital.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $20,100,000
  • Market: Southern New England
  • Asset Type: Multifamily
  • Broker: Brian Walsh - EagleBridge Capital

The multifamily portfolio, situated in the Southern New England market, successfully secured a permanent mortgage financing of $20,100,000. Brian Walsh of EagleBridge Capital played a key role as the broker representing the parties involved in this transaction.

Players

Brian Walsh

EagleBridge Capital

Broker

$230.2M

vol

12 deals

Broker

Long Beach MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93