Meridian Capital Group Refinances Amalgamated Warbasse Multifamily In Brooklyn For $275M
FINANCED
New York
See Similar DealsMultiFamily
Financed 03/31/2022
FINANCED
Meridian Capital Group Refinances Amalgamated Warbasse Multifamily In Brooklyn For $275M
Brooklyn, New York, United States
See Similar DealsMultiFamily
Financed 03/31/2022
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.
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Deal Type
30 years
10 years
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
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