Greystone Provides $145.3 Million Refinance Loan For Multifamily Asset In New Rochelle
$145,800,000
$453/SF
Building Size
321,810 SF
Asset Type
MultiFamily
Closing
Dec 30, 2025
AI
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.
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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93