Daily limit: 0/10
Zidan Management Group Secures $184M Refinance Loan For Multifamily Properties In Greenwood, Lowell, Fairfield, Springboro, And Louisville
FINANCED
$184,000,000
Indiana
See Similar DealsMultiFamily
Financed 11/08/2023
FINANCED
Zidan Management Group Secures $184M Refinance Loan For Multifamily Properties In Greenwood, Lowell, Fairfield, Springboro, And Louisville
1630 Saddle, 700 Bexley Place, 510 Creekside Drive, 1400 Sherwood Drive, 15 Woodhill Drive, 2207 James Pirtle Court & 7500 Beechview Way
See Similar DealsMultiFamily
Financed 11/08/2023
Summary
INDIANA
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily portfolio consisting of multiple addresses across Greenwood and Lowell, IN; Fairfield and Springboro, OH; and Louisville, KY. The total loan amount secured for this refinance transaction is $184,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $184,000,000
- Lender: Michael Dury - Merchants Capital
- Landlord: Raed Zidan - Zidan Management Group
- Addresses: 1630 Saddle, 700 Bexley Place, 510 Creekside Drive, 1400 Sherwood Drive, 15 Woodhill Drive, 2207 James Pirtle Court, and 7500 Beechview Way
- Markets: Greenwood & Lowell, IN; Fairfield & Springboro, OH; & Louisville, KY
- Loan Type: Refinance
Key individuals in this transaction include Michael Dury, representing Merchants Capital as the lender, and Raed Zidan, who manages the properties through Zidan Management Group. Their roles are integral in facilitating the refinancing of the multifamily portfolio.
Players
LENDER
LANDLORD
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
$184,000,000.00
Monthly NOI$1,226,666.67
Monthly Debt Service$1,163,005.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions