Greystone Provides $35M Refinance Loan For 165-Unit Multifamily Property In Brookfield, CT
398 Federal Rd Brookfield, CT 06804, USA
$35,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2023
AI
A $35 million loan has been granted by Greystone, a leading commercial real estate finance company, to refinance a 165-unit multifamily property located at 398 Federal Road in Brookfield, Connecticut. This loan from Fannie Mae was originated by Greystone's Dan Sacks and Avi Kozlowski.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $35,000,000
- Units: 165
- Address: 398 Federal Road, Brookfield, CT
- Lender: Greystone
The loan, valued at $35 million, was provided by Greystone's Dan Sacks and Avi Kozlowski to refinance the multifamily property in Brookfield, Connecticut.
Players
Brookfield 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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93