FINANCED
Avi Weisberg Refinances Multifamily Portfolio In New Haven For $20.3M
411 & 539 Orange Street, 542 Chapel, 470 Putnam, 476 & 597 Brooks etc.
MultiFamily
Financed 1 year ago
Summary
Loan
CONNECTICUT
MultiFamily
A multifamily property located at 411 & 539 Orange St., 542 Chapel, 470 Putnam, 476 & 597 Brooks in New Haven, CT, has been involved in a loan transaction. The property consists of 144 units and is owned by Avi Weisberg.
Summary of transation details
- Property Type: Multifamily (1-4 Family)
- Loan Amount: $20,300,000
The loan, valued at $20,300,000, is a refinancing arrangement. It is a 75% loan-to-value (LTV) cash-out refinance with a fixed interest rate of 5.50% for a 30-year term. The rate was locked at the letter of intent (LOI) stage of the transaction.
The brokers involved in the deal are Abe Mann and Aaron Jungreis from Rosewood Realty Group, representing Avi Weisberg.
Players
All
4
Agents
2
Agencies
2
Details
FINANCED
IMAGE: Abe Mann & Aaron Jungreis
DATE: 08/19/2022
ADDRESS: 411 & 539 Orange St., 542 Chapel, 470 Putnam, 476 & 597 Brooks etc.
MARKET: New Haven, CT
ASSET TYPE: Multifamily (1-4 Family) ~ UNITS: 144
LANDLORD: Avi Weisberg
BROKERS: Abe Mann (@AbeMann_) & Aaron Jungreis (@AaronJungreis) - Rosewood Realty Group (@RosewoodRG)
LOAN AMOUNT: $20,300,000
LOAN TYPE: Refinance
LOAN TERMS: 75% LTV Cash Out Refinance, 5.50% Fixed for 30 Years, Rate Locked at LOIView on map
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Address411 & 539 Orange Street, 542 Chapel, 470 Putnam, 476 & 597 Brooks etc.
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