Naphtali Marrus & Benjamin Nevid Of Meridian Capital Group Secure $42.15M Refinance Loan In Atlanta
FINANCED
$42,150,000
Georgia
See Similar DealsMultiFamily
Financed 06/15/2025
FINANCED
Naphtali Marrus & Benjamin Nevid Of Meridian Capital Group Secure $42.15M Refinance Loan In Atlanta
MultiFamily
Financed 06/15/2025
Summary
Asset Type:MultiFamily
Transaction Type:Loan
The transaction involves a multifamily asset located in the Atlanta, GA market. A loan amounting to $42,150,000 was secured through refinance and loan modification options.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $42,150,000
- Loan Type: Refinance & Loan Modification
- Date: 6/16/2025
- Brokers: Naphtali Marrus & Benjamin Nevid - Meridian Capital Group
Naphtali Marrus and Benjamin Nevid from Meridian Capital Group represented the brokerage side of the deal, facilitating the transaction for the involved parties.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$42,150,000.00
Monthly NOI$281,000.00
Monthly Debt Service$266,416.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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