Morris Betesh, Alex Bailkin, Matt OHanlon, And Porter Thomas Close $19 Million Refinance Loan In Brooklyn
$19,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 26, 2026
AI
The asset involved in this transaction is a multifamily property located in the Brooklyn market. The loan amount secured for this transaction is $19,000,000, categorized under refinance.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,000,000
- Loan Type: Refinance
- Landlord's Representatives: Morris Betesh, Alex Bailkin, Matt OHanlon & Porter Thomas - Arrow Real Estate Advisors
- Date of Transaction: 2/27/2026
The deal involves key representatives from Arrow Real Estate Advisors, who coordinated the refinancing process for the landlord. These individuals played a significant role in facilitating the transaction, ensuring all necessary steps were taken to secure the loan amount effectively.
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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93