Updated Jan 30, 2026
Greystone Provides $31.49 Million Refinance Loan For 292-Unit Multifamily At 6811 Old Canton Road
6811 Old Canton Road
$31,490,000
Units
292
Asset Type
MultiFamily
Closing
Dec 29, 2025
About this deal
AI
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.
On the Map
$31,490,000
MultiFamily
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Ridgeland 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93