Updated Oct 29, 2024
Matt Teichman - BCI Management LLC Refinances Multifamily Property In Baltimore With $5.5M Loan From FVCbank
1312 Guilford Ave, Baltimore, MD 21202, USA
$5,500,000
$11/SF
Building Size
479,390 SF
Asset Type
MultiFamily
Closing
May 26, 2020
About this deal
AI
The multifamily property located at 1312 Guilford Avenue in Baltimore's Art District has been involved in a closed transaction. The property, known as Printers Square, spans 47,939 square feet and consists of 60 units. The transaction involved a refinance loan of $5,500,000 provided by fvcbank''>FVCbank.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Address: 1312 Guilford Avenue (Printers Square)
- Market: Art District, Baltimore
- Square Footage: 47,939
- Units: 60
Matt Teichman, representing BCI Management LLC, is the landlord of the property. The deal was facilitated by brokers Isaac Filler and Yossi Koschitzki, who are associated with Meridian Capital Group.
Players
Baltimore MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Yossi Koschitzki to view all their deals.
Browse Maryland multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93