Noam Temchin Of FM Capital Secures $2.185M Refinance Loan For Hollywood Multifamily Property
1836 Dewey Street
$2,185,000
$230/SF
Building Size
9,470 SF
Asset Type
MultiFamily
Closing
Jun 30, 2025
AI
This multifamily asset is located at 1836 Dewey Street in the Hollywood, Dania & Ft. Lauderdale market. The property consists of 22 units and has a total square footage of 9,470. The loan amount secured for this asset is $2,185,000, classified under a refinance loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,185,000
- Units: 22
- Square Footage: 9,470
- Address: 1836 Dewey Street
- Market: Hollywood, Dania & Ft. Lauderdale
- Loan Type: Refinance
Noam Temchin of FM Capital represented the transaction in this refinancing deal. His involvement was crucial in facilitating the loan process for this multifamily property.
Players
Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.26%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93