Sheridan Capital Provides $15.5M Refinance Loan For Multifamily Property In Gainesville
FINANCED
Florida
See Similar DealsMultiFamily150,000 SF
Financed
FINANCED
Sheridan Capital Provides $15.5M Refinance Loan For Multifamily Property In Gainesville
4100 Hollywood Boulevard, Hollywood, Florida 33021, United States
See Similar DealsMultiFamily150,000 SF
Financed
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$103
Total Square Footage:150000 SF
Transaction Type:Loan
The property involved in this transaction is a multifamily asset located at 4100 Hollywood Blvd in Gainesville. It consists of 120 units with a total square footage of 150,000. The loan for this property was a refinance.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,500,000
- Address: 4100 Hollywood Blvd
- Market: Gainesville
- Units: 120
- Square Feet: 150,000
The lender involved in this transaction was Sheridan Capital, represented by Aaron Kurlansky, Lee Schwartz, and Michael Yassky. Joe Fishman served as the loan originator.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$15,500,000.00
Monthly NOI$103,333.33
Monthly Debt Service$97,970.54
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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