facebook
Traded Co logo
Submit
Daily limit: 0/10

Makor Capital Refinances 849-Unit Multifamily In Derry NH With $143.1M Fannie Mae Loan

Property Image
FINANCED
$143,100,000

New Hampshire

See Similar Deals
MultiFamily
Financed 07/15/2025
the dealplayerscompscontact
Property Image
FINANCED

Makor Capital Refinances 849-Unit Multifamily In Derry NH With $143.1M Fannie Mae Loan

1 Forest Ridge Road

See Similar Deals
MultiFamily
Financed 07/15/2025
Contact now

Summary

NEW HAMPSHIRE
Asset Type:MultiFamily
Transaction Type:Loan

The Fairways is an 849-unit Class B apartment complex located at 1 Forest Ridge Road in Derry, NH. Fannie Mae provided a refinance loan amounting to $143,100,000 for this multifamily property.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $143,100,000
  • Address: 1 Forest Ridge Road
  • Market: Derry, NH
  • Lender: Fannie Mae
  • Landlord: Chris Wyett - Makor Capital
  • Broker: Ed Belz - Newmark
  • Loan Type: Refinance

Newmark arranged the financing deal for Makor Capital in respect to this significant property transaction, facilitating the refinancing process for the landlord and showcasing the involvement of seasoned professionals in the brokerage of the loan.

Players

Ed Belz
2 deals$166.2M volume(617) 722-5005
BROKER

Newmark
BROKERAGE

Details

FINANCED
IMAGE: Chris Wyett & Ed Belz DATE: 07/15/2025 ADDRESS: 1 Forest Ridge Road MARKET: Derry, NH ASSET TYPE: Multifamily ~ UNITS: 849 LENDER: Fannie Mae (@OfficialFannieMae) LANDLORD: Chris Wyett - Makor Capital BROKER: Ed Belz - Newmark (@Newmark) LOAN AMOUNT: $143,100,000 LOAN TYPE: Refinance NOTE: Newmark arranged a $143.1M Fannie Mae loan to refinance The Fairways, an 849-unit Class B apartment complex in Derry, NH, for landlord Makor Capital.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$143,100,000.00

Monthly NOI$954,000.00
Monthly Debt Service$904,489.34
Change in Cash Flow$0.00
Refinance Proceeds$0.00