facebook
Traded Co logo
Submit

Meridian Capital Group Refinances MultiFamily Property In Tallahassee For $9.26M

Property Image
FINANCED
$9,260,000
Morris Dabbah
Morris Betesh
+ 1

Florida

See Similar Deals
MultiFamily
Financed 08/25/2023
the dealplayerscompscontact
Property Image
FINANCED

Meridian Capital Group Refinances MultiFamily Property In Tallahassee For $9.26M

3000 South Adams Street

See Similar Deals
MultiFamily
Financed 08/25/2023
Morris Dabbah
Morris Betesh
+ 1
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan

The multi-family property located at 3000 South Adams Street in Tallahassee was recently involved in a loan transaction. The loan amount for the refinancing was $9,260,000. The property is owned by Deepak Khosa of the Atlantic Group of Companies. The loan was facilitated by brokers Morris Betesh, Tamir Kazaz, and Morris Dabbah from Meridian Capital Group.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $9,260,000
  • Address: 3000 South Adams Street, Tallahassee
  • Broker Representative: Morris Betesh, Tamir Kazaz, Morris Dabbah - Meridian Capital Group
  • Landlord: Deepak Khosa - Atlantic Group of Companies
  • Loan Type: Refinance

The loan transaction involving the multi-family property on South Adams Street was facilitated by brokers Morris Betesh, Tamir Kazaz, and Morris Dabbah from Meridian Capital Group. Deepak Khosa, the owner of the property, is associated with the Atlantic Group of Companies. The refinancing loan amounted to $9,260,000, providing financial support for the property's continued operation and maintenance.

Players

Morris Betesh
211 deals$12.3B volume(646) 825-7005
BROKER

Morris Dabbah
Arrow Real Estate Advisors
34 deals$1.1B volume(212) 612-0105
BROKER

Tamir Kazaz
Meridian Capital Group
7 deals$1.3B volume
BROKER

Deepak Khosa
6 deals$47.5M volume
BROKER

Details

FINANCED
IMAGE: Morris Dabbah, Morris Betesh & Tamir Kazaz DATE: 08/25/2023 ADDRESS: 3000 South Adams Street MARKET: Tallahassee ASSET TYPE: MultiFamily BROKERS: Morris Betesh, Tamir Kazaz & Morris Dabbah - Meridian Capital Group (@Meridian.Capital.Group) LANDLORDS: Deepak Khosa - Atlantic Group of Companies LOAN AMOUNT: $9,260,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,260,000.00

Monthly NOI$61,733.33
Monthly Debt Service$58,529.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00