TRITEC Real Estate Company Refinances Multifamily Property In Long Island For $203.1M With Greystone As Lender
FINANCED
$203,100,000
New York
See Similar DealsMultiFamily
Financed 02/01/2022
FINANCED
TRITEC Real Estate Company Refinances Multifamily Property In Long Island For $203.1M With Greystone As Lender
1000 Mill Road, Ronkonkoma, New York 11779, United States
See Similar DealsMultiFamily
Financed 02/01/2022
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
TRITEC Real Estate Company has secured a refinancing loan for a multifamily property located at 1000 Mill Road in Long Island. The loan, provided by greystone''>Greystone, amounts to $203,100,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $203,100,000
- Date: 02/01/2022
- Address: 1000 Mill Road
- Market: Long Island
The refinancing loan was facilitated by Dan Gillard, Drew Fletcher, Matthew Hirsch, Jesse Kopecky, and Tori Colledge from Greystone. TRITEC Real Estate Company, the landlord, successfully obtained the funds for the property.
NOTE: No additional details were provided regarding the specific characteristics or amenities of the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$203,100,000.00
Monthly NOI$1,354,000.00
Monthly Debt Service$1,283,730.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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