Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio
FINANCED
$24,500,000
Florida
See Similar DealsMultiFamily
Financed 07/14/2025
FINANCED
Eugene Rutenberg Of Celestial Fund Closes $24.5 Million Refinance Loan For Florida Multifamily Portfolio
MultiFamily
Financed 07/14/2025
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$24,500,000.00
Monthly NOI$163,333.33
Monthly Debt Service$154,856.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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