Updated Apr 27, 2026
Josh Hoffman & Jeremy Packer Of Dwight Capital Provide $18,055,500 Refinance Loan For Brooklyn Multifamily
154 Lenox Road
$18,055,500
Units
42
Asset Type
MultiFamily
Closing
Mar 30, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 154 Lenox Road in Brooklyn, featuring 42 units. The loan amount for this refinance transaction has been set at $18,055,500.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $18,055,500
- Loan Type: Refinance
- Lender: Josh Hoffman & Jeremy Packer - Dwight Capital
- Date: 3/31/2026
Josh Hoffman and Jeremy Packer represent Dwight Capital in this refinancing deal, facilitating the financial transaction for the property owner. This engagement highlights their role in managing and securing loan arrangements within the multifamily sector.
Players
Brooklyn 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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93