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Atlantic Boulevard

Morris Betesh, Alex Bailkin & Matt OHanlon Of Arrow Real Estate Advisors Secures $72.7M Loan Modification In Jacksonville Multifamily
FINANCEDMultiFamily

Morris Betesh, Alex Bailkin & Matt OHanlon Of Arrow Real Estate Advisors Secures $72.7M Loan Modification In Jacksonville Multifamily

$72,700,000

Building Size

Asset Type

MultiFamily

Closing

Sep 9, 2025

AI

The asset involved in this transaction is a multifamily property located in Jacksonville, FL. The transaction is characterized by a loan modification with a total amount of $72,700,000.

Summary of transaction details:

Key individuals involved in this transaction include Morris Betesh, Alex Bailkin, and Matt OHanlon, who represent the landlord in this deal through their association with Arrow Real Estate Advisors.

Players

Morris Betesh

Arrow Real Estate Advisors

Broker

$12.4B

vol

214 deals

Broker
Arrow Real Estate Advisors
Arrow Real Estate AdvisorsBrokerage

Jacksonville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93