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Sheridan Capital Provides $15.5M Refinance Loan For Multifamily Property In Gainesville

Property Image
FINANCED
$15,500,000
Joe Fishman
Aaron Kurlansky
+ 1

Florida

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MultiFamily150,000 SF
Financed
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FINANCED

Sheridan Capital Provides $15.5M Refinance Loan For Multifamily Property In Gainesville

4100 Hollywood Boulevard, Hollywood, Florida 33021, United States

See Similar Deals
MultiFamily150,000 SF
Financed
Joe Fishman
Aaron Kurlansky
+ 1
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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

Joe Fishman
18 deals$226.4M volume
BROKER

Aaron Kurlansky
Sheridan Capital
20 deals$588.1M volume
LENDER

Michael Yassky
Sheridan Capital
8 deals$155M volume
LENDER

Lee Schwartz
Sheridan Capital
8 deals$114.7M volume
LENDER

Sheridan Capital
LENDER

Details

FINANCED
IMAGE: Joe Fishman DATE: 03/08/2022 ADDRESS: 4100 Hollywood Blvd MARKET: Gainesville ASSET TYPE: Multifamily ~ UNITS: 120 ~ SF: 150,000 LENDER: Sheridan Capital - Aaron Kurlansky (@AaronKurlansky), Lee Schwartz (@LeeShwartz) & Michael Yassky (@MichaelYassky) ORIGINATOR: Joe Fishman (@JoeFishman) LOAN AMOUNT: $15,500,000 LOAN TYPE: Refinance

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Deal Type
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