Eric Regenbogen Of Arbor Realty Trust Secures $24.8M Loan For 340 Unit Multifamily Acquisition In Buffalo NY
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Eric Regenbogen Of Arbor Realty Trust Secures $24.8M Loan For 340 Unit Multifamily Acquisition In Buffalo NY
Summary
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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