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Freddie Mac Provides $129.6 Million Refinance Loan For Carlton Equities Multifamily Asset In New York
FINANCEDMultiFamily

Freddie Mac Provides $129.6 Million Refinance Loan For Carlton Equities Multifamily Asset In New York

$125,000,000

$416/SF

Building Size

300,000 SF

Asset Type

MultiFamily

Closing

Oct 29, 2025

AI

The property asset involved is a multifamily building located in the New York market, comprising a total of 815 units. The transaction encompasses a refinance loan amounting to $129,600,000, arranged through Freddie Mac under their Portfolio Refinance program.

Summary of transaction details:

The key individuals involved in this transaction include brokers Ricky Warner, Henry Stimler, and William Weber, who represent Newmark in facilitating this refinance deal for Carlton Equities. Their roles were instrumental in securing the loan from Freddie Mac, thereby supporting the financial maneuvering related to the multifamily property.

Players

William Weber

Newmark

Broker

$9.6B

vol

49 deals

Broker
Newmark
NewmarkBrokerage
Freddie Mac
Freddie MacLender

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

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93