Meridian Capital Group Brokers $67.5M Refinance Loan At 8 Carlisle Street
FINANCED
$67,500,000
New York
See Similar DealsDevelopment Site
Financed
FINANCED
Meridian Capital Group Brokers $67.5M Refinance Loan At 8 Carlisle Street
8 Carlisle Street
See Similar DealsDevelopment Site
Financed
Summary
NEW YORK
Asset Type:Development Site
Transaction Type:Loan
Located in the Financial District of Manhattan, the property at 8 Carlisle Street is a development site with a buildable square footage of 326,338.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $67,500,000
- Lender: Josh Green, Adam Glick & Billy Haber - Maxim Capital Group
- Brokers: Omar Ferreira, Morris Betesh & Brandon Serota - Meridian Capital Group
- Loan Type: Refinance
The deal was facilitated by a team of experienced professionals. The lenders, Josh Green, Adam Glick, and Billy Haber from Maxim Capital Group, provided the $67,500,000 refinance loan. On the other side, the brokers, Omar Ferreira, Morris Betesh, and Brandon Serota from Meridian Capital Group, played a crucial role in connecting the parties involved in the transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$67,500,000.00
Monthly NOI$450,000.00
Monthly Debt Service$426,645.92
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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