Adam America Real Estate Secures $35.3 Million Refinance Loan From Community Preservation Corporation
FINANCED
$35,300,000
New York
See Similar DealsMultiFamily
Financed 12/24/2025
FINANCED
Adam America Real Estate Secures $35.3 Million Refinance Loan From Community Preservation Corporation
781 Metropolitan Avenue
See Similar DealsMultiFamily
Financed 12/24/2025
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The property is a multifamily asset located at 781 Metropolitan Avenue in Brooklyn. The loan amount for this property transaction is $35,300,000, and it is a refinance type of loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $35,300,000
- Lender: Community Preservation Corporation (CPC)
- Landlord: Adam America Real Estate
- Landlord's Representative: Morris Betesh, Eliott Zeitoune & Louis Halperin - Arrow Real Estate Advisors
- Date of Transaction: 12/24/2025
The key individuals involved in this transaction include the lender, Community Preservation Corporation (CPC), and the landlord, Adam America Real Estate, represented by Morris Betesh, Eliott Zeitoune, and Louis Halperin from Arrow Real Estate Advisors.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$35,300,000.00
Monthly NOI$235,333.33
Monthly Debt Service$223,120.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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