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95 25 Waltham Street

Amninder Singh Secures $12.425 Million Refinance Loan For Multifamily Asset In Jamaica
FINANCEDMultiFamily

Amninder Singh Secures $12.425 Million Refinance Loan For Multifamily Asset In Jamaica

95 25 Waltham Street

$12,425,000

$247/SF

Building Size

50,195 SF

Asset Type

MultiFamily

Closing

Jan 29, 2026

AI

The property asset involved in the transaction is located at 95-25 Waltham Street, Jamaica, with a total square footage of 50,195 and comprising 52 units. The landlord for this multifamily asset is Amninder Singh. The loan amount associated with this property transaction is $12,425,000, classified as a refinance with terms lasting 12 months.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,425,000
  • Address: 95-25 Waltham Street
  • Market: Jamaica
  • Asset Size: 50,195 SF
  • Units: 52
  • Landlord: Amninder Singh
  • Landlord's Representative: Michael Hennessy & Adam Kaplan - Scouter Capital
  • Loan Type: Refinance
  • Loan Terms: 12 Months

This transaction features significant representation by Michael Hennessy and Adam Kaplan from Scouter Capital, who represent the landlord, Amninder Singh, in securing the refinance loan for the multifamily asset. Their role in facilitating this financial transaction highlights the collaboration between property owners and financial representatives in the market.

Players

Adam Kaplan

Scouter Capital

Broker

$86.8M

vol

6 deals

Broker

Jamaica 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

1.28%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93