Updated Sep 17, 2026
FINANCEDMultiFamily
Arbor Realty Trust Refinances Multifamily Property In Hollywood For $2.3M
1656 Polk St, Hollywood, FL, USA
$2,292,000
$4,340/SF
Building Size
528 SF
Asset Type
MultiFamily
Closing
Apr 29, 2021
About this deal
AI
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.
On the Map
$2,292,000
$4,340/SF
MultiFamily
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Players
Hollywood 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
6.92%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93