Eli Osdoba Of Harborview Capital Partners Arranges $32M Refinance For Multifamily Asset In Atlanta
3040 Delmar Lane Northwest
$32,000,000
Units
238
Asset Type
MultiFamily
Closing
Mar 25, 2026
AI
The asset involved in this transaction is a multifamily property located at 3040 Delmar Lane Northwest in the Atlanta market, comprising a total of 238 units. The loan amount for this transaction is $32,000,000, and it involves a refinance at a competitive interest rate based on SOFR plus 2.25%, with loan terms set for 18 months.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $32,000,000
- Address: 3040 Delmar Lane Northwest
- Market: Atlanta
- Units: 238
- Loan Type: Refinance
- Loan Terms: 18 Months, 2.25% + SOFR
- Landlord's Representative: Eli Osdoba - Harborview Capital Partners
Eli Osdoba of Harborview Capital Partners facilitated the bridge-to-HUD refinance for this multifamily asset at an aggressive rate, showcasing expertise in navigating financing needs. He can be contacted directly at [email protected] for any nationwide financing inquiries.
Atlanta 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93