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:
- Property Type: Multifamily
- Transaction Amount: $129,600,000
- Lender: Freddie Mac
- Landlord: Carlton Equities
- Date: 10/30/2025
- Brokers: Ricky Warner, Henry Stimler & William Weber - Newmark
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
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