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Updated Oct 13, 2026

Michael Hoffenberg & Charlie Zabriskie Secure $14.9 Million Refinance Loan For 126-Unit Multifamily In Bowling Green KY
FINANCEDMultiFamily

Michael Hoffenberg & Charlie Zabriskie Secure $14.9 Million Refinance Loan For 126-Unit Multifamily In Bowling Green KY

$14,900,000

Units

126

Asset Type

MultiFamily

Closing

Aug 27, 2025

About this deal

AI

The asset involved in this transaction is a multifamily property located in Bowling Green, KY, consisting of 126 units. A refinance loan amounting to $14,900,000 has been secured for this property, with loan terms structured as 2 + 1.

Summary of transaction details:

Michael Hoffenberg and Charlie Zabriskie are the lenders representing Trevian Capital in this refinancing deal, facilitating the transaction for the multifamily property. Their involvement underscores their role in the financing aspect of this closed property transaction.

Players

Charlie Zabriskie

Trevian Capital

Lender

$365.3M

vol

21 deals

Lender
Trevian Capital
Trevian CapitalLender

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

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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