Flaherty & Collins Refinances 192-Unit Multifamily Property In Covington, KY For $53M With Natixis Loan | 515 Main Street | Natixis | Michael Slovitt, Daniel Geuther | MultiFamily | Loan

Summary

Loan

KENTUCKY

MultiFamily

2,073 sqft

The multifamily property located at 515 Main St in Covington, KY has been involved in a recent loan transaction. The property consists of 192 units, making it a substantial asset in the market.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $53,000,000
Date: 10/25/2021
Lender: natixis''>Natixis
Landlord: Flaherty & Collins
Brokers: Daniel Geuther & Michael Slovitt - Berkadia

During the loan transaction, Natixis provided a $53,000,000 refinancing loan. The loan term is set at five years with a floating interest rate.

Players

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4

Agents
2
Agencies
1
Lenders
1

Details

Deal Summary

FINANCED

IMAGE: Daniel Geuther & Michael Slovitt DATE: 10/25/2021 ADDRESS: 515 Main St MARKET: Covington, KY ASSET TYPE: Multifamily ~ UNITS: 192 LENDER: Natixis LANDLORD: Flaherty & Collins BROKERS: Daniel Geuther & Michael Slovitt - Berkadia LOAN AMOUNT: $53,000,000 LOAN TYPE: Refinance LOAN TERMS: five-year, floating-rate loan

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Address515 Main Street

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