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8455 Fenton Street

Jacques Bessoudo And Jonathan Slomianski Acquire Multifamily Asset In Silver Spring For $71.35M
SOLDMultiFamily

Jacques Bessoudo And Jonathan Slomianski Acquire Multifamily Asset In Silver Spring For $71.35M

8455 Fenton Street

$71,350,000

$380/SF

Building Size

187,437 SF

Asset Type

MultiFamily

Closing

Mar 31, 2025

AI

The property involved in this transaction is a multifamily asset located at 8455 Fenton Street in the Silver Spring market. The sale was completed at a price of $71,350,000, encompassing 243 residential units. The total square footage of the property measures 187,437, leading to a price per unit of $293,621 and a price per square foot of $380.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $71,350,000
  • Units: 243
  • Square Footage: 187,437
  • Price Per Unit: $293,621
  • Price Per Square Foot: $380
  • Buyer: Jacques Bessoudo & Jonathan Slomianski - Galium Capital
  • Seller: Isaac Metzger
  • Brokers: Tony Ensbury & Dave Nachison - Eastdil Secured

This transaction was facilitated by the involvement of Jacques Bessoudo and Jonathan Slomianski representing Galium Capital as the buyers. The seller, Isaac Metzger, completed the sale with the representation and negotiation conducted by the brokers Tony Ensbury and Dave Nachison from Eastdil Secured.

Players

Tony Ensbury

JLL

Broker

$150.4M

vol

4 deals

Broker
Jacques Bessoudo

Jacques Bessoudo

Galium Capital

Buyer

$162.2M

vol

7 deals

Buyer
GC
Galium CapitalBuyer

Silver Spring MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93