Gabby Cali Of Cali Capital Secures $1.3M Refinance For Student Housing In New Brunswick
74 Sicard Street
$1,300,000
$412/SF
Building Size
3,151 SF
Asset Type
Student Housing
Closing
Jun 3, 2026
AI
The property asset involved in the transaction is a student housing facility located at 74 Sicard Street in New Brunswick, NJ, with a total square footage of 3,151. The transaction was a refinance loan amounting to $1,300,000.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $1,300,000
- Loan Type: Refinance
- Loan Terms: 80% LTV, 6.25% rate, 5-Year Fixed, 10-Year Term, 30-Year Amortization, 3-3-2-2-1 PPP
- Broker: Gabby Cali - Cali Capital
- Date: 6/4/2026
Gabby Cali from Cali Capital represented the interests of the involved parties in this refinance transaction, providing insight into financing options available for properties and projects to secure favorable terms in the market.
Players
New Brunswick Student Housing Market Snapshot
Boundary boundary · Student Housing · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93