Updated Jul 3, 2025
FINANCEDMultiFamily
Naphtali Marrus & Benjamin Nevid Of Meridian Capital Group Secure $42.15M Refinance Loan In Atlanta
$42,150,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 15, 2025
About this deal
AI
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
Market 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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93