Zev Feder & Satyam Patel Of Meridian Capital Group Represents Lender RWC Lending For $6.1M Loan
FINANCED
$6,100,000
New York
See Similar DealsMultiFamily
Financed
FINANCED
Zev Feder & Satyam Patel Of Meridian Capital Group Represents Lender RWC Lending For $6.1M Loan
MultiFamily
Financed
Summary
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in the Great Neck market. The acquisition was financed through a loan amounting to $6,100,000, facilitated by RWC Lending.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,100,000
- Lender: RWC Lending
- Brokers: Zev Feder & Satyam Patel - Meridian Capital Group
- Loan Type: Acquisition
- Date: 8/7/2025
Zev Feder and Satyam Patel, representing Meridian Capital Group, played a crucial role in this transaction, overseeing the acquisition process for the multifamily asset.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,100,000.00
Monthly NOI$40,666.67
Monthly Debt Service$38,556.15
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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