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
Jamaica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
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