Arbor Realty Trust Refinances Multifamily Property In Hollywood For $2.3M
FINANCED
$2,292,000
Florida
See Similar DealsMultiFamily528 SF
Financed 04/30/2021
FINANCED
Arbor Realty Trust Refinances Multifamily Property In Hollywood For $2.3M
1656 Polk St, Hollywood, FL, USA
See Similar DealsMultiFamily528 SF
Financed 04/30/2021
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$4,340
Total Square Footage:528 SF
Transaction Type:Loan
The multifamily property located at 1656 Polk St in Hollywood has recently undergone a refinancing transaction. The loan amount for this transaction was $2,292,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,292,000
- Market: Hollywood
- Lender: Arbor Realty Trust - Geoffrey Platt
- Landlord: Ness Ohayon & Yaniv Sananes
Arbor Realty Trust, represented by Geoffrey Platt, acted as the lender for this refinancing deal. The property is currently owned by Ness Ohayon and Yaniv Sananes. No additional information regarding the property or the transaction is available.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,292,000.00
Monthly NOI$15,280.00
Monthly Debt Service$14,487.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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