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$130 Million Loan Secured For Development Site In Financial District By Arrow Real Estate Advisors
FINANCEDDevelopment Site

$130 Million Loan Secured For Development Site In Financial District By Arrow Real Estate Advisors

$100,000,000

Building Size

Asset Type

Development Site

Closing

Jun 30, 2025

AI

The property involved in the transaction is a development site located in the Financial District. The loan amount secured for this acquisition is $130,000,000.

Summary of transaction details:

The deal was facilitated by brokers Omar Ferreira, Brandon Serota, and Morris Betesh, representing Arrow Real Estate Advisors in this significant transaction within the Financial District.

Players

Brandon Serota

Arrow Real Estate Advisors

Broker

$644.4M

vol

14 deals

Broker
Arrow Real Estate Advisors
Arrow Real Estate AdvisorsBrokerage

Market Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93