facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

National

/

Multifamily

/

Loan

/

Swapnil Agarwal Of Nitya Ca...

Swapnil Agarwal Of Nitya Capital Secures $700M Loan From Citi For Multifamily Portfolio
FINANCEDMultiFamily

Swapnil Agarwal Of Nitya Capital Secures $700M Loan From Citi For Multifamily Portfolio

$700,000,000

Building Size

Asset Type

MultiFamily

Closing

Jun 5, 2025

AI

The asset involved in the transaction is a multifamily portfolio consisting of 18 properties located in major U.S. growth markets, including Dallas, Indianapolis, the Carolinas, Nashville, Phoenix, and Las Vegas. The total loan amount secured for refinancing this portfolio is $700,000,000, provided through a fixed-rate loan by the lender Citi.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $700,000,000
  • Lender: Citi
  • Landlord: Swapnil Agarwal - Nitya Capital
  • Market: Dallas, Indianapolis, the Carolinas, Nashville, Phoenix & Las Vegas
  • Loan Terms: fixed-rate

The deal showcases how Nitya Capital has successfully reinforced investor confidence in its investment platform through this financing arrangement. It reflects strong participation from global firms, highlighting Nitya Capital's ongoing track record of zero investor losses and an average internal rate of return of 22%.

Players

Citibank
CitibankLender
Nitya Capital
Nitya CapitalLandlord

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.02%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93