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Bronx

$42 Million Refinance Secured By David Bollag & James Darling For Multifamily Asset In Bronx
FINANCEDMultiFamily

$42 Million Refinance Secured By David Bollag & James Darling For Multifamily Asset In Bronx

$42,000,000

Building Size

Asset Type

MultiFamily

Closing

May 3, 2026

AI

The asset involved in this transaction is a multifamily property located in the Bronx market. The loan amount secured for this transaction is $42,000,000, with a loan type categorized as refinance.

Summary of transaction details:

The individuals representing the deal are David Bollag and James Darling, both associated with Meridian Capital Group, which facilitated the refinance of the multifamily asset in the Bronx. Their expertise in the market played a critical role in the transaction process.

Players

David Bollag

Meridian Capital Group

Broker

$970.8M

vol

31 deals

Broker

Market 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

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93