facebook
Traded Co logo
Submit

Thorofare Capital Provides $52.15M Refinancing Loan For 142-unit Multifamily Property At 788 West Marietta Street In Atlanta

Property Image
FINANCED
$52,150,000
Benjamin (Ben) Nevid
Drew Anderman
+ 1

Georgia

See Similar Deals
MultiFamily
Financed 07/07/2023
the dealplayerscompscontact
Property Image
FINANCED

Thorofare Capital Provides $52.15M Refinancing Loan For 142-unit Multifamily Property At 788 West Marietta Street In Atlanta

788 West Marietta St NW Atlanta, GA 30318, USA

See Similar Deals
MultiFamily
Financed 07/07/2023
Benjamin (Ben) Nevid
Drew Anderman
+ 1
Contact now

Summary

GEORGIA
Asset Type:MultiFamily
Transaction Type:Loan

A multifamily property with 142 units located at 788 West Marietta Street Northwest in Atlanta, Georgia has undergone a refinancing transaction. The property, situated in the Atlanta market, has successfully secured a loan of $52,150,000.

Summary of transaction details

The refinancing deal for the multifamily property at 788 West Marietta Street Northwest in Atlanta, Georgia was facilitated by the lender, Thorofare Capital. Representing the lender were David Perlman, Eddie Prosser, and Scott Sumida. The brokers involved in the transaction were Drew Anderman, Benjamin Nevid, Naphtali Marrus, and Elliot Braude, who served as representatives from the Meridian Capital Group.

Players

Drew Anderman
39 deals$5.2B volume(917) 854-4240
BROKER

Benjamin (Ben) Nevid
Meridian Capital Group
24 deals$2.4B volume
BROKER

Naphtali Marrus
Meridian Capital Group
12 deals$736.4M volume
BROKER

Elliot Braude
Meridian Capital Group
2 deals$69.2M volume(212) 972-3600
BROKER

Thorofare Capital
LENDER

Details

FINANCED
IMAGE: Benjamin Nevid, Eddie Prosser, Drew Anderman, David Perlman, Naphtali Marrus, Scott Sumida & Elliot Braude DATE: 07/07/2023 ADDRESS: 788 West Marietta Street Northwest MARKET: Atlanta, GA ASSET TYPE: MultiFamily ~ UNITS: 142 LENDER: Thorofare Capital (@ThorofareCapital) - David Perlman (@Daveperlman), Eddie Prosser & Scott Sumida BROKERS: Drew Anderman (@DrewAnderman), Benjamin Nevid, Naphtali Marrus & Elliot Braude - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $52,150,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$52,150,000.00

Monthly NOI$347,666.67
Monthly Debt Service$329,623.47
Change in Cash Flow$0.00
Refinance Proceeds$0.00