SRK Management Refinances Westville Village Apartments In Westville, CT With $53.25M Loan From Bethpage
FINANCED
$53,250,000
Connecticut
See Similar DealsMultiFamily296,768 SF
Financed 07/26/2022
FINANCED
SRK Management Refinances Westville Village Apartments In Westville, CT With $53.25M Loan From Bethpage
400 Blake Street
See Similar DealsMultiFamily296,768 SF
Financed 07/26/2022
Summary
CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$179
Total Square Footage:296,768 SF
Transaction Type:Loan
The Westville Village Apartments located at 400 Blake St. in Westville, CT have recently undergone a loan refinance transaction. The property, a multifamily building spanning approximately 296,768 square feet, has been involved in this deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $53,250,000
- Loan Type: Refinance
- Loan Terms: Balance Sheet Lender 5-Year Fixed Rate Deal 2-Years Interest Only Cash-out Refinance
The lender for this refinance was Bethpage, while SRK Management acted as the landlord. Marvin Jeremias from Crossmark Capital represented the parties as the broker.
Note: No additional information regarding the property or the individuals involved in the transaction was provided.
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
$53,250,000.00
Monthly NOI$355,000.00
Monthly Debt Service$336,576.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions