Updated Aug 18, 2026
$25,250,420 Loan Secured For MultiFamily Asset At 400 Park Avenue In Baltimore
400 Park Avenue
$25,250,420
$409/SF
Building Size
61,598 SF
Asset Type
MultiFamily
Closing
Jan 4, 2022
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 400 Park Avenue in Baltimore. The loan amount secured for this property is $25,250,420.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $25,250,420.00
- Address: 400 Park Avenue
- Market: Baltimore
The transaction was processed on 01/04/2022, reflecting the financial dynamics within the Baltimore market for multifamily assets.
The multifamily loan at 400 Park Avenue in Baltimore, Maryland financed for $25.3M in 2022. The building is 61,598 square feet, implying about 409 per square foot on the published price. Joshua Dormody, Builders Capital appear on the loan alongside Builders Capital. This page is the Baltimore, Maryland file for the 400 Park Avenue multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Baltimore sit in the Market section below. Filter that Baltimore multifamily set by closing date to see what else financed near 400 Park Avenue around 2022. Published consideration for 400 Park Avenue is $25.3M, dated 2022. Cite this $25,250,420 Loan Secured For MultiFamily Asset At 400 Park Avenue In Baltimore loan when underwriting similar multifamily product around Baltimore, Maryland.
Players
Baltimore 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93