Crest Realities Secures $25M Loan From Mesa West Capital In New York
FINANCED
$25,000,000
New York
See Similar DealsMultiFamily
Financed 07/28/2016
FINANCED
Crest Realities Secures $25M Loan From Mesa West Capital In New York
118 E 93rd St, New York, NY, 10128
See Similar DealsMultiFamily
Financed 07/28/2016
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The property at 118 E 93rd St, New York, NY, 10128 is a MultiFamily asset. The loan amount secured for this property was $25,000,000.00 in a transaction that took place on July 28, 2016 in New York.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $25,000,000.00
Ronnie Levine from Meridian Capital Group served as the borrower's representative for Crest Realities in this transaction. Mesa West Capital provided the loan for the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$25,000,000.00
Monthly NOI$166,666.67
Monthly Debt Service$158,017.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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