Trevian Capital Provides $11.05M Refinance Loan For Great Neck Condo By Brokers Naphtali Marrus & Benjamin Nevid
FINANCED
$11,050,000
New York
See Similar DealsCondo
Financed
FINANCED
Trevian Capital Provides $11.05M Refinance Loan For Great Neck Condo By Brokers Naphtali Marrus & Benjamin Nevid
Condo
Financed
Summary
Asset Type:Condo
Transaction Type:Loan
The asset involved in this transaction is a condominium located in Great Neck. The loan for this property was structured as a refinance with a total loan amount of $11,050,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $11,050,000
- Lender: Trevian Capital
- Brokers: Naphtali Marrus & Benjamin Nevid - Meridian Capital Group
- Loan Type: Refinance
- Date: 2/25/2026
This transaction involved key representatives from Meridian Capital Group, Naphtali Marrus and Benjamin Nevid, who acted on behalf of their client to navigate the refinancing process with Trevian Capital as the lender.
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LENDER
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,050,000.00
Monthly NOI$73,666.67
Monthly Debt Service$69,843.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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