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444 State Highway 211

Cronheim Mortgage Arranges $75 Million Loan For National Realty & Development Corp In Middletown
FINANCED

Cronheim Mortgage Arranges $75 Million Loan For National Realty & Development Corp In Middletown

444 State Highway 211

$75,000,000

Building Size

Asset Type

Closing

May 14, 2026

AI

No summary available.

Players

Dev Morris

Cronheim Mortgage

Broker

$616.4M

vol

25 deals

Broker
NC
National Realty & Development CorpLandlord

Market CRE Market Snapshot

Boundary boundary · CRE · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93