Updated Jul 13, 2026
Southfield
$8,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 28, 2026
About this deal
AI
No summary available.
Southfield is logged as a multifamily loan on Traded (2026). Southfield is classified as Multifamily on Traded. Michael (Mike) Muscatell, Joesph Burnstein, Fortune Capital Group appear on the loan alongside Fortune Capital Group. This page is the market file for the Southfield multifamily financed: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this Southfield loan when underwriting similar multifamily product. Nearby multifamily closings are linked from the comps tab on this Southfield page.
Players
Market 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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93