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Greystone Provides $35M Refinance Loan For 165-Unit Multifamily Property In Brookfield, CT
FINANCED
$35,000,000
Connecticut
See Similar DealsMultiFamily
Financed 06/06/2023
FINANCED
Greystone Provides $35M Refinance Loan For 165-Unit Multifamily Property In Brookfield, CT
398 Federal Rd Brookfield, CT 06804, USA
See Similar DealsMultiFamily
Financed 06/06/2023
Summary
CONNECTICUT
Asset Type:MultiFamily
Transaction Type:Loan
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.
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$35,000,000.00
Monthly NOI$233,333.33
Monthly Debt Service$221,223.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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