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Timber Equities Secures $55 Million Loan From MF1 Capital For Marble Hill Multifamily Asset

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FINANCED
$55,000,000

New York

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MultiFamily
Financed 05/08/2026
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Property Image
FINANCED

Timber Equities Secures $55 Million Loan From MF1 Capital For Marble Hill Multifamily Asset

170 West 225th Street

See Similar Deals
MultiFamily
Financed 05/08/2026
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Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The property asset involved in the transaction is a multifamily building located at 170 West 225th Street in Marble Hill, Manhattan, comprising 115 units. The property is associated with a cash-out refinance loan amounting to $55,000,000 under the terms of 2+1+1, Bridge Lease-Up.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $55,000,000
  • Lender: MF1 Capital
  • Landlord: Timber Equities
  • Landlord's Representative: Meir Kessner & David Eisen - Seven Stone Capital

The key individuals involved in this transaction include Meir Kessner and David Eisen, who represent Timber Equities through Seven Stone Capital. Additionally, Joseph Seidenfeld and Michael Squires are also noted in relation to this deal.

Players

Meir Kessner
7 deals$258.7M volume
BROKER

David Eisen
Seven Stone Capital
7 deals$258.7M volume
BROKER

MF1 Capital
LENDER


Details

FINANCED
IMAGE: Meir Kessner, David Eisen, Joseph Seidenfeld & Michael Squires DATE: 5/8/2026 ADDRESS: 170 West 225th Street MARKET: Marble Hill, Manhattan ASSET TYPE: Multifamily ~ UNITS: 115 LENDER: MF1 Capital LANDLORD: Timber Equities LANDLORD'S REP: Meir Kessner & David Eisen - Seven Stone Capital LOAN AMOUNT: $55,000,000 LOAN TYPE: Cash out refinance LOAN TERMS: 2+1+1, Bridge Lease-Up

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$55,000,000.00

Monthly NOI$366,666.67
Monthly Debt Service$347,637.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00