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9300 Route 29

Insight Property Group Secures $107.7 Million Loan From CIBC And Citizens Bank For Multifamily Project
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

Building Size

Asset Type

Closing

May 20, 2026

AI

No summary available.

Players

Brian Crivella

Berkadia

Broker

$1.8B

vol

17 deals

Broker
Citizens Bank
Citizens BankLender

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