Updated Nov 2, 2026
$9.2 Million Refinance Secured By Landlord's Representatives Morris Betesh, Brandon Serota, Jack McPhail & Alex Ellman In Brooklyn Multifamily Transaction
$9,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 7, 2026
About this deal
AI
The property involved in this transaction is a MultiFamily asset located in Brooklyn. The landlord secured a refinance loan amounting to $9,200,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $9,200,000
- Loan Type: Refinance
- Market: Brooklyn
- Landlord's Representative: Morris Betesh, Brandon Serota, Jack McPhail & Alex Ellman - Arrow Real Estate Advisors
This transaction highlights the involvement of four representatives from Arrow Real Estate Advisors, namely Morris Betesh, Brandon Serota, Jack McPhail, and Alex Ellman, emphasizing their collective expertise in facilitating the refinance for the property owner.
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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93