Updated Aug 1, 2025
Geoffrey Platt & Jake McMahon Of Arbor Realty Trust Provide $9.91M Refinance Loan In Dallas
$9,909,000
Units
122
Asset Type
MultiFamily
Closing
May 29, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property consisting of 122 units located in Dallas, TX. The loan associated with this property was for refinance purposes, amounting to $9,909,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,909,000
- Lender: Geoffrey Platt & Jake McMahon - Arbor Realty Trust
- Loan Type: Refinance
- Date of Transaction: 05/30/2025
The key individuals associated with this transaction are Geoffrey Platt and Jake McMahon, who acted as the representatives from Arbor Realty Trust in the lending process for the refinance loan.
Players
Market 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
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93