Updated Sep 9, 2024
Meridian Capital Group Refinances Amalgamated Warbasse Multifamily In Brooklyn For $275M
Brooklyn, New York, United States
$275,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 31, 2022
About this deal
AI
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.
The multifamily loan at Brooklyn, New York, United States in Brooklyn, New York financed for $275M in 2022. Brooklyn, New York, United States is classified as Multifamily on Traded. Sean Anderson, Zev Karpel, Cary Pollack, Meridian Capital Group appear on the loan alongside Meridian Capital Group. This page is the Brooklyn, New York file for the Brooklyn, New York, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Brooklyn sit in the Market section below. Filter that Brooklyn multifamily set by closing date to see what else financed near Brooklyn, New York, United States around 2022. Published consideration for Brooklyn, New York, United States is $275M, dated 2022. Cite this Meridian Capital Group Refinances Amalgamated Warbasse Multifamily In Brooklyn For $275M loan when underwriting similar multifamily product around Brooklyn, New York.
Players
Brooklyn 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
0.06%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93