$42 Million Refinance Secured By David Bollag & James Darling For Multifamily Asset In Bronx
FINANCED
$42,000,000
New York
See Similar DealsMultiFamily
Financed 05/03/2026
FINANCED
$42 Million Refinance Secured By David Bollag & James Darling For Multifamily Asset In Bronx
MultiFamily
Financed 05/03/2026
Summary
Asset Type:MultiFamily
Transaction Type:Loan
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:
- Property Type: Multifamily
- Transaction Amount: $42,000,000
- Loan Type: Refinance
- Date of Transaction: 5/4/2026
- Brokers: David Bollag & James Darling - Meridian Capital Group
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$42,000,000.00
Monthly NOI$280,000.00
Monthly Debt Service$265,468.57
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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