Updated Sep 9, 2024
Meridian Capital Group Arranges $8.5M Refinance Loan For Multifamily Property In Ansonia, CT
Beaver Brooks Apartments
$8,500,000
$8,500,000/SF
Building Size
1 SF
Asset Type
MultiFamily
Closing
Dec 5, 2022
About this deal
AI
The Beaver Brooks Apartments in Ansonia, CT have undergone a refinancing transaction. The loan amount for this transaction was $8,500,000. The loan type was a refinance.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Address: Beaver Brooks Apartments, Ansonia, CT
- Market: Ansonia, CT
The brokers involved in this loan transaction were Morris Diamant and Joseph Akerman from Meridian Capital Group.
The multifamily loan at Beaver Brooks Apartments in Ansonia, CT financed for $8.5M in 2022. Reported inventory is 1 square feet across 172 units, or about 8.5M per square foot. Joseph Akerman, Morris Diamant, Meridian Capital Group appear on the loan alongside Meridian Capital Group. This page is the Ansonia, CT file for the Beaver Brooks Apartments multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Ansonia, CT sit in the Market section below. Filter that Ansonia, CT multifamily set by closing date to see what else financed near Beaver Brooks Apartments around 2022. Published consideration for Beaver Brooks Apartments is $8.5M, dated 2022. Cite this Meridian Capital Group Arranges $8.5M Refinance Loan For Multifamily Property In Ansonia, CT loan when underwriting similar multifamily product around Ansonia, CT.
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Ansonia, CT MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93