Greystone Provides $31.49 Million Refinance Loan For 292-Unit Multifamily At 6811 Old Canton Road
FINANCED
$31,490,000
Mississippi
See Similar DealsMultiFamily
Financed 12/30/2025
FINANCED
Greystone Provides $31.49 Million Refinance Loan For 292-Unit Multifamily At 6811 Old Canton Road
6811 Old Canton Road
See Similar DealsMultiFamily
Financed 12/30/2025
Summary
MISSISSIPPI
Asset Type:MultiFamily
Transaction Type:Loan
The property located at 6811 Old Canton Road in Ridgeland, MS, is a multifamily asset comprising 292 units. The transaction pertains to a refinance loan amounting to $31,490,000. It is managed under the multifamily asset type.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $31,490,000
- Loan Type: Refinance
- Lender: Greystone
- Lender's Representatives: Stella Plotkin & Avi Lifshitz
- Broker: Daniel Lerer
- Broker Agency: GFI Realty Services
Key individuals involved in the transaction include Stella Plotkin and Avi Lifshitz, both representing Greystone as lenders in this deal. The broker handling the transaction is Daniel Lerer of GFI Realty Services.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$31,490,000.00
Monthly NOI$209,933.33
Monthly Debt Service$199,038.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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