Updated Sep 24, 2025
Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio
$24,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 13, 2025
About this deal
AI
The transaction involved the refinance of a multifamily portfolio consisting of 170 apartment units located in Florida. The loan amount for this refinance was set at $24,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,500,000
- Market: Florida
- Units: 170
- Loan Type: Refinance
The consultant representing this deal was Eugene Rutenberg from Celestial Fund, which facilitated the debt loan for the refinance of the multifamily portfolio.
Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio is logged as a multifamily loan on Traded (2025). Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio is classified as Multifamily on Traded. Eugene Rutenberg, Celestial Fund appear on the loan alongside Celestial Fund. This page is the market file for the Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio multifamily financed: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio loan when underwriting similar multifamily product.
Players
Market 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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93