LMF Commercial Provides $3.8M Refinance Loan For Brooklyn Multifamily Asset Of 5 Units
$3,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 3, 2025
AI
The asset involved in this transaction is a multifamily property consisting of 5 units. It is located in the Brooklyn market. The financing for this property was executed through a refinance loan arrangement.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Loan Type: Refinance
- Loan Terms: CMBS 5 Year, FTIO
- Lender: LMF Commercial
- Loan Originator: Nihad Choudhury
- Date of Loan: 8/4/2025
The transaction includes key individuals such as Nihad Choudhury, who served as the loan originator, representing the lender LMF Commercial in this deal. The transaction was notably part of a refinance arrangement, allowing the owners to access new financing terms.
Players
Market 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93