Isaac Antar Of Express Capital Financing Provides $1.05M Refinance Loan For Multifamily In Daytona Beach
FINANCED
$1,049,700
Florida
See Similar DealsMultiFamily5,928 SF
Financed 06/12/2025
FINANCED
Isaac Antar Of Express Capital Financing Provides $1.05M Refinance Loan For Multifamily In Daytona Beach
MultiFamily5,928 SF
Financed 06/12/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$177
Total Square Footage:5,928 SF
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in Daytona Beach, consisting of 8 units and offering a total square footage of 5,928. The loan amount secured for this property is $1,049,700 as part of a refinance loan type with a 30-year fixed term.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,049,700
- Market: Daytona Beach
- Lender: Isaac Antar - Express Capital Financing
- Loan Type: Refinance
- Loan Terms: 30 year fixed
- Units: 8
- Square Footage: 5,928
The borrower benefited from refinancing, successfully exiting a short-term bridge loan and securing a longer-term financing solution at a lower interest rate. This strategic move allows for the reinvestment of cash pulled from the transaction.
Players
ORIGINATOR
Details
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
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,049,700.00
Monthly NOI$6,998.00
Monthly Debt Service$6,634.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
