Daniel Yaghoubi And Jeremy Nikfarjam Secure $6.7 Million Refinance Loan Through Simon Dilmanian In Brooklyn
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Daniel Yaghoubi And Jeremy Nikfarjam Secure $6.7 Million Refinance Loan Through Simon Dilmanian In Brooklyn
Summary
Transaction Type:Loan
The transaction involves a multifamily asset located at 104 Grove St in Brooklyn. The refinance loan secured for this property amounts to $6,700,000, with a loan type that includes 70% loan-to-value (LTV), a 1.2 debt service coverage ratio (DSCR), and a 30-year amortization period.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,700,000
- Lender: Freddie Mac
- Landlord: Daniel Yaghoubi & Jeremy Nikfarjam
- Broker: Simon Dilmanian - ARD Capital Group
- Loan Type: Refinance
- Loan Terms: 70% LTV, 1.2 DSCR, 30-year amortization
Simon Dilmanian of ARD Capital Group represented clients Daniel Yaghoubi and Dr. Jeremy Nikfarjam in negotiating competitive loan terms. The negotiation was facilitated through agency relationships, securing both discounts and timely execution for the transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
0.00x
Max Loan Amount
$0.00
Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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