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Meridian Capital Group Refinances Amalgamated Warbasse Multifamily In Brooklyn For $275M

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FINANCED
$275,000,000

New York

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MultiFamily
Financed 03/31/2022
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Property Image
FINANCED

Meridian Capital Group Refinances Amalgamated Warbasse Multifamily In Brooklyn For $275M

Brooklyn, New York, United States

See Similar Deals
MultiFamily
Financed 03/31/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The Amalgamated Warbasse multifamily property in Brooklyn has recently undergone a refinancing loan transaction. The loan amount for this deal was $275,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $275,000,000
  • Address: Amalgamated Warbasse
  • Market: Brooklyn

The loan transaction for the Amalgamated Warbasse property in Brooklyn was facilitated by Cary Pollack, Zev Karpel, and Sean Anderson from Meridian Capital Group.

Players

Cary Pollack
20 deals$1.1B volume(212) 612-0255
BROKER

Zev Karpel
Meridian Capital Group
12 deals$1.4B volume
BROKER

Sean Anderson
Meridian Capital Group
5 deals$477.9M volume
BROKER

Details

FINANCED
IMAGE: Cary Pollack, Zev Karpel & Sean Anderson DATE: 03/31/2022 ADDRESS: Amalgamated Warbasse MARKET: Brooklyn ASSET TYPE: Multifamily BROKERS: Cary Pollack, Zev Karpel & Sean Anderson - Meridian Capital Group LOAN AMOUNT: $275,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$275,000,000.00

Monthly NOI$1,833,333.33
Monthly Debt Service$1,738,187.06
Change in Cash Flow$0.00
Refinance Proceeds$0.00