Updated Oct 29, 2026
Joe Dyckman & Eric Mirvis Of Citi Bank Provide $39 Million Acquisition Loan In Brooklyn Multifamily
$39,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2026
About this deal
AI
The transaction involved a multi-family asset located in Brooklyn. The loan was secured for the acquisition of this property, with a total loan amount of $39,000,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $39,000,000
- Lender: Joe Dyckman & Eric Mirvis - Citi Bank
- Broker: Ben Himmel - Meridian Capital Group
- Loan Type: Acquisition
- Date: 10/27/2026
The key individuals involved in this transaction include Joe Dyckman and Eric Mirvis from Citi Bank, who served as lenders for the deal, and Ben Himmel from Meridian Capital Group, who acted as the broker facilitating the transaction.
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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93