Updated Sep 28, 2026
Holliswood Development Secures $5,250,000 Acquisition Loan From Derby Copeland Capital For Development Site
121 East 7th Street
$5,250,000
Building Size
—
Asset Type
Development Site
Closing
Sep 3, 2026
About this deal
AI
The property asset involved in this transaction is a development site located at 121 East 7th Street in the East Village market. The loan amount for this acquisition is $5,250,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,250,000
- Lender: Derby Copeland Capital
- Borrower: Holliswood Development
- Loan Type: Acquisition
- Market: East Village
The deal features Derby Copeland Capital, a New York City-based private equity firm, as the lender specializing in opportunistic real estate-related debt financing and equity investments. Holliswood Development serves as the borrower in this transaction.
On the Map
$5,250,000
Development Site
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Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93