Bravo Capital Refinances Multifamily Property In Ithaca With $57.8M Loan
FINANCED
$57,800,000
New York
See Similar DealsMultiFamily
Financed 05/30/2024
FINANCED
Bravo Capital Refinances Multifamily Property In Ithaca With $57.8M Loan
210 East Green Street
See Similar DealsMultiFamily
Financed 05/30/2024
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$57,800,000.00
Monthly NOI$385,333.33
Monthly Debt Service$365,335.32
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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