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Shlomo Weissberg Of Meridian Capital Secures $16.1M Loan For MultiFamily In Brooklyn

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FINANCED
$16,100,000

New York

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MultiFamily
Financed 11/22/2022
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Property Image
FINANCED

Shlomo Weissberg Of Meridian Capital Secures $16.1M Loan For MultiFamily In Brooklyn

1533 E 19th St, Brooklyn, NY, 11230

See Similar Deals
MultiFamily
Financed 11/22/2022
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The property located at 1533 E 19th St, Brooklyn, NY, 11230, in the Brooklyn market, is a MultiFamily asset involved in a recent transaction. The loan amount for this property was $16,100,000.00.

Summary of transaction details:

Shlomo Weissberg from the Meridian Capital Group represented the borrower in this deal, working with Bravo Capital as the lender.

Players

Shlomo Weissberg
CBRE
Shlomo Weissberg
17 deals$515.1M volume
BROKER
Bravo Capital
Bravo Capital
BROKERAGE
Bravo Capital
Bravo Capital
LENDER

Details

FINANCED
IMAGE: 11/22/2022 ADDRESS: 1533 E 19th St, Brooklyn, NY, 11230 MARKET: Brooklyn ASSET TYPE: MultiFamily BORROWER'S REP: Shlomo Weissberg(Meridian Capital Group) LENDER: Bravo Capital LOAN AMOUNT: $16,100,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$16,100,000.00

Monthly NOI$107,333.33
Monthly Debt Service$101,762.95
Change in Cash Flow$0.00
Refinance Proceeds$0.00