Updated Oct 28, 2024
TreyJay Loso LLC Secures $47.5M Construction Loan For 248-Unit Multifamily In Cicero
Cicero, New York, United States
$47,500,000
Units
248
Asset Type
MultiFamily
Closing
Apr 18, 2022
About this deal
AI
TreyJay Loso LLC has recently completed a closed transaction in Cicero, involving a multifamily property. The property consists of 248 units and is located in the market of Cicero.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $47,500,000
- Loan Type: Construction
The deal was facilitated by brokers Daniel Monte and Jack Stelianou from Gantry, representing TreyJay Loso LLC. The transaction had a loan amount of $47,500,000 and was of construction loan type.
The multifamily loan at Cicero, New York, United States in Cicero, New York financed for $47.5M in 2022. Reported inventory is 248 units across 248 units. Named participants on the Cicero, New York, United States loan are Jack Stelianou, Daniel Monte. This page is the Cicero, New York file for the Cicero, New York, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Cicero sit in the Market section below. Filter that Cicero multifamily set by closing date to see what else financed near Cicero, New York, United States around 2022. Published consideration for Cicero, New York, United States is $47.5M, dated 2022. Cite this TreyJay Loso LLC Secures $47.5M Construction Loan For 248-Unit Multifamily In Cicero loan when underwriting similar multifamily product around Cicero, New York.
Players
Cicero MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Daniel Monte to view all their deals.
Browse New York multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93