Noam Temchin Of FM Capital Secures $1.3M Refinance Loan For Multifamily Asset In Miami
FINANCED
$1,300,000
Florida
See Similar DealsMultiFamily1 SF
Financed 01/29/2025
FINANCED
Noam Temchin Of FM Capital Secures $1.3M Refinance Loan For Multifamily Asset In Miami
955 Northeast 170th Street
See Similar DealsMultiFamily1 SF
Financed 01/29/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$1,300,000
Total Square Footage:1 SF
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located at 955 Northeast 170th Street in the Miami market. The loan amount secured for this property is $1,300,000 under a refinance loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Broker: Noam Temchin - FM Capital
- Loan Date: 01/29/2025
Noam Temchin from FM Capital acted as the broker representing the loan transaction for this multifamily property in Miami. The refinancing agreement details reflect a strategic financial decision by the property owner.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,300,000.00
Monthly NOI$8,666.67
Monthly Debt Service$8,216.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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