Robert Schwartz & Shawn Safdie Of S3 Capital Partners Provide $2M Loan In Greenwood Heights
$2,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 19, 2024
AI
A multifamily property in Greenwood Heights secured a loan totaling $2,000,000 for acquisition and construction purposes. The loan was facilitated by lenders Robert Schwartz and Shawn Safdie of S3 Capital Partners, with Jay Tyberg of Eastern Union serving as the broker for the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Lender: Robert Schwartz & Shawn Safdie - S3 Capital Partners
- Broker: Jay Tyberg - Eastern Union
- Loan Type: Acquisition + Construction
- Note: Please reach out to Shawn Safdie at @[email protected] with any loan inquiries.
The key individuals involved in the deal include Robert Schwartz and Shawn Safdie from S3 Capital Partners as the lenders, and Jay Tyberg from Eastern Union as the broker. For any loan inquiries, borrowers are advised to contact Shawn Safdie directly at @[email protected].
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93