FINANCED
Insight Property Group Secures $107.7 Million Loan From CIBC And Citizens Bank For Multifamily Project
9300 Route 29 & 9302 Route 29
$107,700,000
Units
452
Asset Type
—
Closing
May 20, 2026
About this deal
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Market CRE Market Snapshot
Boundary boundary · CRE · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93