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5400 Livingston Terrace, Ox...

Greystone Provides $59.7M Acquisition Loan For 488-Unit Multifamily In Oxon Hill, MD
FINANCEDMultiFamily

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

Building Size

Asset Type

MultiFamily

Closing

Oct 3, 2022

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.

Players

Eric Rosenstock

Greystone

Lender

$1.4B

vol

21 deals

Lender
Greystone
GreystoneLender

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