Updated Oct 28, 2024
Greystone Provides $59.7M Acquisition Loan For 488-Unit Multifamily In Oxon Hill, MD
5400 Livingston Terrace, Oxon Hill, Maryland 20745, United States
$59,700,000
Units
488
Asset Type
MultiFamily
Closing
Oct 3, 2022
About this deal
AI
The property involved in this transaction is a multifamily asset located at 5400 Livingston Terrace in Oxon Hill, MD. It consists of 488 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $59,700,000
- Address: 5400 Livingston Terrace, Oxon Hill, MD
- Market: Oxon Hill, MD
- Units: 488
The lender for this transaction is greystone''>Greystone, represented by Eric Rosenstock and Dan Sacks.
This is an acquisition loan with a total amount of $59,700,000.
The multifamily loan at 5400 Livingston Terrace, Oxon Hill, Maryland 20745, United States in Oxon Hill, Maryland financed for $59.7M in 2022. Reported inventory is 488 units across 488 units. Dan Sacks, Eric Rosenstock, Greystone appear on the loan alongside Greystone. This page is the Oxon Hill, Maryland file for the 5400 Livingston Terrace, Oxon Hill, Maryland 20745, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Oxon Hill sit in the Market section below. Filter that Oxon Hill multifamily set by closing date to see what else financed near 5400 Livingston Terrace, Oxon Hill, Maryland 20745, United States around 2022. Published consideration for 5400 Livingston Terrace, Oxon Hill, Maryland 20745, United States is $59.7M, dated 2022. Cite this Greystone Provides $59.7M Acquisition Loan For 488-Unit Multifamily In Oxon Hill, MD loan when underwriting similar multifamily product around Oxon Hill, Maryland.
Players
Oxon Hill 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
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93