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Greystone Provides $10.4M Acquisition Loan For 100-Unit Multifamily Property In Decatur, GA
FINANCED
$10,377,000
Georgia
See Similar DealsMultiFamily
Financed 05/02/2023
FINANCED
Greystone Provides $10.4M Acquisition Loan For 100-Unit Multifamily Property In Decatur, GA
1150 Maple Walk Cir Decatur, Georgia 30032, USA
See Similar DealsMultiFamily
Financed 05/02/2023
Summary
GEORGIA
Asset Type:MultiFamily
Transaction Type:Loan
An acquisition loan of $10,377,000 has been secured for a multifamily property located at 1150 Maple Walk Cir in Decatur, GA. The property features 100 units and is situated in the Decatur market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,377,000
- Lender: Greystone - Dan Sacks & Avi Kozlowski
- Loan Type: Acquisition
The acquisition loan was provided by Greystone, with Dan Sacks and Avi Kozlowski representing the lender. The loan will facilitate the acquisition of the multifamily property at 1150 Maple Walk Cir in Decatur, GA, consisting of 100 units.
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,377,000.00
Monthly NOI$69,180.00
Monthly Debt Service$65,589.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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