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LMF Commercial Provides $5....

LMF Commercial Provides $5.75 Million Refinance Loan For 18-Unit Multifamily In Brooklyn
FINANCEDMultiFamily

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

Avi Eyal

TrueCap

Broker

$140.1M

vol

13 deals

Broker
Nihad Choudhury

Nihad Choudhury

LMF Commercial

Originator

$172.3M

vol

25 deals

Originator

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

2.76%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93