Morris Betesh, Israel Mermelstein, Morris Dabbah & Louis Halperin Of Arrow Real Estate Advisors Secures $12.5M Refinance Loan For Multifamily Asset In Hartford CT
FINANCED
$12,500,000
+ 1
Connecticut
See Similar DealsMultiFamily
Financed
FINANCED
Morris Betesh, Israel Mermelstein, Morris Dabbah & Louis Halperin Of Arrow Real Estate Advisors Secures $12.5M Refinance Loan For Multifamily Asset In Hartford CT
MultiFamily
Financed
+ 1
Summary
CONNECTICUT
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in Hartford, CT. The loan amount for this refinance transaction is $12,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $12,500,000
- Loan Type: Refinance
- Market: Hartford, CT
- Landlord's Representative: Morris Betesh, Israel Mermelstein, Morris Dabbah & Louis Halperin - Arrow Real Estate Advisors
The key individuals involved in this transaction are Morris Betesh, Israel Mermelstein, Morris Dabbah, and Louis Halperin, who represent the landlord through Arrow Real Estate Advisors.
Players
BROKERAGE
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$12,500,000.00
Monthly NOI$83,333.33
Monthly Debt Service$79,008.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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