Morris Betesh & Alex Bailkin Of Arrow Real Estate Advisors Represent Landlord In $30M Brooklyn Refinance
FINANCED
$30,000,000
New York
See Similar DealsMultiFamily1 SF
Financed 04/03/2025
FINANCED
Morris Betesh & Alex Bailkin Of Arrow Real Estate Advisors Represent Landlord In $30M Brooklyn Refinance
MultiFamily1 SF
Financed 04/03/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$30,000,000
Total Square Footage:1 SF
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in Brooklyn. The loan amount for this property is $30,000,000 and it represents a refinance transaction. The specific characteristics of the asset, such as square footage and exact address, are not disclosed.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,000,000
- Lender: Argentic Real Estate Investment
- Landlord's Representative: Morris Betesh & Alex Bailkin - Arrow Real Estate Advisors
- Loan Type: Refinance
- Date of Transaction: 04/03/2025
The transaction involves key individuals Morris Betesh and Alex Bailkin who represent the landlord. They are affiliated with Arrow Real Estate Advisors and are involved in facilitating the refinance process for the asset in question.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$30,000,000.00
Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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