John Smith & Ayesha Yunus Secure £1.5M Loan For Multifamily Property In Berkhamsted
FINANCED
$1,500,000
National
See Similar DealsMultiFamily
Financed
FINANCED
John Smith & Ayesha Yunus Secure £1.5M Loan For Multifamily Property In Berkhamsted
Ring Road
See Similar DealsMultiFamily
Financed
Summary
Asset Type:MultiFamily
Transaction Type:Loan
A loan of £1,500,000 was secured for a multifamily property located at Ring Road in Berkhamsted. The loan transaction was completed on September 14, 2020. The property asset involved in this closed transaction includes multiple residential units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: £1,500,000
- Loan Lender: Aspen - Jack Coombs
- Borrowers' Representatives: John Smith - Fieldfisher, Ayesha Yunus - Ola Leslie Solicitors
John Smith, from the law firm Fieldfisher, and Ayesha Yunus, from Ola Leslie Solicitors, represented the parties involved in this loan transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,500,000.00
Monthly NOI$10,000.00
Monthly Debt Service$9,481.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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