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Derby Copeland Capital Closes $23.5 Million Refinance Loan For Mixed-Use Property In Soho

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FINANCED
$23,500,000

New York

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Mixed-use
Financed 08/14/2025
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FINANCED

Derby Copeland Capital Closes $23.5 Million Refinance Loan For Mixed-Use Property In Soho

392 West Broadway

See Similar Deals
Mixed-use
Financed 08/14/2025
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Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan

The property involved in the transaction is a mixed-use asset located at 392 West Broadway in the Soho market. The loan amount secured for this property is $23,500,000, which is designated for refinance purposes.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $23,500,000
  • Loan Type: Refinance
  • Lender: Derby Copeland Capital
  • Market: Soho
  • Loan Date: 8/14/2025

Derby Copeland Capital, a New York City-based private equity firm, was the lender involved in this transaction. They specialize in opportunistic real estate-related debt financing and equity investments. Their registered investment adviser status through Derby Copeland Management Group, LLC does not indicate any expertise or skill in the investment field.

Players

17 deals$689.1M volume(315) 480-2540
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Details

FINANCED
IMAGE: 8/14/2025 ADDRESS: 392 West Broadway MARKET: Soho ASSET TYPE: Mixed-use LENDER: Derby Copeland Capital LOAN AMOUNT: $23,500,000 LOAN TYPE: Refinance NOTE FROM LENDER: Derby Copeland Capital closed an acquisition and planned renovation loan for $23,500,000 at 392 West Broadway in SoHo. Derby Copeland Capital is a New York City-based private equity firm that specializes in opportunistic real estate-related debt financing & equity investments. Derby Copeland Management Group, LLC is a registered investment adviser, which such registration does not provide any expertise or skill. Information presented is for information purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$23,500,000.00

Monthly NOI$156,666.67
Monthly Debt Service$148,535.99
Change in Cash Flow$0.00
Refinance Proceeds$0.00