Greystone Provides $145.3 Million Refinance Loan For Multifamily Asset In New Rochelle
FINANCED
New York
See Similar DealsMultiFamily321,810 SF
Financed 12/30/2025
Summary
Asset Type:MultiFamily
Price Per Square Foot:$453
Total Square Footage:321,810 SF
Transaction Type:Loan
The asset involved in this transaction is a multifamily property located in New Rochelle, comprising 321,810 square feet and 315 units. It secured a refinance loan amounting to $145,300,000, with the loan terms set for a duration of 3 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: 145,300,000
- Market: New Rochelle
- Lender: Greystone & Forum Investment Group
- Loan Originator: Donny Rosenberg - Greystone
- Brokers: Shaya Sonnenschein & Michael Weisz - AANDAR Real Estate Capital
The transaction involves notable individuals including Donny Rosenberg, who serves as the loan originator for this refinancing deal, and brokers Shaya Sonnenschein and Michael Weisz, who represented the involved parties in the transaction.
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LENDER
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$145,800,000.00
Monthly NOI$972,000.00
Monthly Debt Service$921,555.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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