Eli Amsterdam And Ari Amsterdam Secure $14.87M Loan For Multifamily Asset In Dallas
Building Size
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Asset Type
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Closing
Aug 11, 2025
AI
The asset involved in this transaction is a multifamily property located at 7905 Marvin D Love Freeway, Dallas, TX, consisting of a total of 192 units. The loan amount secured for this property was $14,865,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $14,865,000
- Lender: Asher Bittman - Sheridan Capital
- Landlord: Eli Amsterdam & Ari Amsterdam, Terre Properties; Laurent Meyer - Equity Multifamily
Key individuals in this transaction include Asher Bittman, representing the lending side, alongside landlords Eli Amsterdam and Ari Amsterdam from Terre Properties, and Laurent Meyer representing Equity Multifamily, who are the landlords involved in this loan agreement.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93