Updated Dec 4, 2024
Bravo Capital Refinances Multifamily Property In Ithaca With $57.8M Loan
210 East Green Street
$57,800,000
Building Size
—
Asset Type
MultiFamily
Closing
May 30, 2024
About this deal
AI
The property at 210 East Green Street in Ithaca, a multifamily asset, was involved in a loan transaction for a refinancing amount of $57,800,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $57,800,000
- Asset Address: 210 East Green Street
- Market: Ithaca
- Lender: Bravo Capital
- Landlord: Aptitude Development
- Broker: Aaron Krawitz - Bravo Capital
- Loan Type: Refinance
The broker representing the deal was Aaron Krawitz from Bravo Capital, facilitating the refinancing transaction for the multifamily property.
The multifamily loan at 210 East Green Street in Ithaca, New York financed for $57.8M in 2024. 210 East Green Street is classified as Multifamily on Traded. Aaron Krawitz, Bravo Capital appear on the loan alongside Bravo Capital. This page is the Ithaca, New York file for the 210 East Green Street multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Ithaca sit in the Market section below. Filter that Ithaca multifamily set by closing date to see what else financed near 210 East Green Street around 2024. Published consideration for 210 East Green Street is $57.8M, dated 2024. Cite this Bravo Capital Refinances Multifamily Property In Ithaca With $57.8M Loan loan when underwriting similar multifamily product around Ithaca, New York.
Players
Ithaca MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93