Deutsche Bank Provides $50 Million Refinance Loan For Hyde Park Multifamily Property
$50,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 29, 2025
AI
The asset involved in this transaction is a multifamily property located in the Hyde Park market. The refinancing loan amount for this property is $50,000,000, provided by Deutsche Bank.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $50,000,000
- Lender: Deutsche Bank
- Landlord's Representative: Israel Mermelstein, Morris Betesh, Omar Ferreira & Jacob Petrovic - Arrow Real Estate Advisors
- Loan Type: Refinance
- Date: 9/30/2025
The deal involves key representatives from Arrow Real Estate Advisors, specifically Israel Mermelstein, Morris Betesh, Omar Ferreira, and Jacob Petrovic, who represent the landlord in the transaction.
Players
Hyde Park 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93