LMF Commercial Provides $5.75 Million Refinance Loan For 18-Unit Multifamily In Brooklyn
$5,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 12, 2026
AI
This transaction involves a multifamily asset in Brooklyn comprising 18 units. The loan amount secured for this property is $5,750,000, categorized under refinance with a CMBS loan type and a fixed term of 5 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,750,000
- Lender: LMF Commercial
- Loan Originator: Nihad Choudhury
- Broker: Avi Eyal - TrueCap
- Loan Terms: CMBS- 5 Year FTIO
The individuals and companies involved in this transaction include Nihad Choudhury representing the loan origination and Avi Eyal as the broker facilitating the deal through TrueCap, connecting the lender and property owner for this multifamily refinance.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93