Eric Regenbogen Of Arbor Realty Trust Secures $24.8M Loan For 340 Unit Multifamily Acquisition In Buffalo NY
Units
340
Asset Type
—
Closing
Jan 15, 2026
About this deal
AI
The asset involved in this transaction is a multifamily property located in Buffalo, NY, consisting of 340 units. The loan amount secured for this acquisition is $24,800,000. The market value is reflective of the current economic dynamics and property demands in the area.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $24,800,000
- Market: Buffalo, NY
- Units: 340
- Loan Type: Acquisition
- Originator: Eric Regenbogen
- Agency: Arbor Realty Trust
Eric Regenbogen serves as the originator in this transaction and operates under Arbor Realty Trust, facilitating the acquisition process for the multifamily asset. His role is crucial in managing the financial aspects and guiding the deal towards completion.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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