Vantage Point Acquisitions Secures $24.4 Million Refinance Loan From Freddie Mac For 220-Unit Multifamily
FINANCED
Georgia
See Similar DealsMultiFamily1 SF
Financed 07/25/2024
FINANCED
Vantage Point Acquisitions Secures $24.4 Million Refinance Loan From Freddie Mac For 220-Unit Multifamily
101 St George Boulevard
See Similar DealsMultiFamily1 SF
Financed 07/25/2024
Summary
GEORGIA
Asset Type:MultiFamily
Price Per Square Foot:$24,400,000
Total Square Footage:1 SF
Transaction Type:Loan
The property is a multifamily asset located at 101 St George Boulevard in Savannah, GA, featuring a total of 220 units. The loan for this property was issued for $24,400,000, under a refinance loan type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,400,000
- Lender: Freddie Mac
- Landlord: Vantage Point Acquisitions
- Brokers: Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins, and Hugo Hernandez
- Agency: Berkadia
- Date: 07/25/2024
The brokers representing the deal include Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins, and Hugo Hernandez, all associated with Berkadia, facilitating the refinance with Freddie Mac for the landlord, Vantage Point Acquisitions.
Players
LENDER
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$24,400,000.00
Monthly NOI$162,666.67
Monthly Debt Service$154,224.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions