Meridian Capital Group Arranges $122.04M Refinance Loan For Mixed-Use Property In New York
FINANCED
$122,040,000
New York
See Similar DealsMixed-use
Financed 09/28/2022
FINANCED
Meridian Capital Group Arranges $122.04M Refinance Loan For Mixed-Use Property In New York
Mixed-use
Financed 09/28/2022
Summary
NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan
The mixed-use property located in New York has recently undergone a loan transaction. The loan, valued at $122,040,000, was obtained for the purpose of refinancing the property.
Summary of transaction details:
- Asset Type: Mixed-use
- Loan Amount: $122,040,000
- Loan Type: Refinance
- Market: New York
The loan transaction was facilitated by Josh Rhine and Ezra Sutton of Meridian Capital Group. They represented the parties involved in the deal and played a crucial role in securing the refinancing loan for the mixed-use property located in New York.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$122,040,000.00
Monthly NOI$813,600.00
Monthly Debt Service$771,375.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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