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Freddie Mac Provides $302.2M Loan For Central Connecticut Multifamily Portfolio

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FINANCED
$302,241,000

National

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MultiFamily
Financed 03/07/2022
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Property Image
FINANCED

Freddie Mac Provides $302.2M Loan For Central Connecticut Multifamily Portfolio

MultiFamily
Financed 03/07/2022
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Summary

Asset Type:MultiFamily
Transaction Type:Loan

An multifamily portfolio in Central Connecticut has been involved in a closed transaction. The property, located at an undisclosed address, is owned by Beachwold Residential, represented by Gideon Friedman. The multifamily asset has attracted the attention of Freddie Mac, who provided a loan amount of $302,241,000, as reported on March 7, 2022.

Summary of transation details

Taylor Williams, a representative from Walker & Dunlop, facilitated the deal alongside the landlord's representative, in this case Gideon Friedman. Both parties played a pivotal role in this successful transaction.

Players

Taylor Williams
3 deals$385.7M volume(904) 312-0279
BROKER

Freddie Mac
LENDER

Gideon Friedman
Beachwold Residential
5 deals$516.6M volume
LANDLORD

Details

FINANCED
IMAGE: Taylor Williams & Gideon Friedman DATE: 03/07/2022 ADDRESS: Multifamily Portfolio MARKET: Central Connecticut ASSET TYPE: Multifamily LENDER: Freddie Mac LANDLORD: Beachwold Residential - Gideon Friedman BROKERS: Taylor Williams - Walker & Dunlop LOAN AMOUNT: $302,241,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$302,241,000.00

Monthly NOI$2,014,940.00
Monthly Debt Service$1,910,368.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00