Tzvi Balsam Of The Leopard Group Secures $10 Million Refinance Loan For Development Site In Bloomingburg
FINANCED
$10,000,000
New York
See Similar DealsDevelopment Site
Financed 07/29/2025
FINANCED
Tzvi Balsam Of The Leopard Group Secures $10 Million Refinance Loan For Development Site In Bloomingburg
Winterton Road
See Similar DealsDevelopment Site
Financed 07/29/2025
Summary
NEW YORK
Asset Type:Development Site
Transaction Type:Loan
The asset involved in this transaction is a development site located at 41 Winterton Road, Bloomingburg, NY. The loan amount secured for this property is $10,000,000, which is a refinance type of loan.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $10,000,000
- Loan Type: Refinance
- Broker: Tzvi Balsam - The Leopard Group
- Date of Transaction: 7/29/2025
The transaction was facilitated by Tzvi Balsam, representing the interests involved in the refinance of the property. The Leopard Group is the agency associated with this transaction, providing brokerage services throughout the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,000,000.00
Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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