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Nursing Home

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542 Us Route 9

Erez Britt & Haim Dadi Lend $17.6M Refinance Loan For Nursing Home In Fishkill
FINANCEDNursing Home

Erez Britt & Haim Dadi Lend $17.6M Refinance Loan For Nursing Home In Fishkill

542 Us Route 9

$17,600,000

Building Size

Asset Type

Nursing Home

Closing

Mar 25, 2026

AI

The asset involved in this transaction is a nursing home located at 542 US Route 9 in the Fishkill market. The refinance loan amount secured for this property is $17,600,000.

Summary of transaction details:

  • Property Type: Nursing Home
  • Transaction Amount: $17,600,000
  • Lender: Erez Britt & Haim Dadi
  • Landlord: Sam Strulovitch
  • Broker: Joseph Alenick - Sterling Realty Group
  • Loan Type: Refinance

The financing was provided by Erez Britt and Haim Dadi, who are known for their solutions-driven approach in real estate financing. The landlord, Sam Strulovitch, plays a significant role in the ownership of the nursing home. Joseph Alenick from Sterling Realty Group facilitated the transaction, ensuring all parties were represented effectively.

Players

Joseph Alenick

Sterling Realty Group

Broker

$17.6M

vol

1 deal

Broker
Erez Britt

Erez Britt

Lender

$102M

vol

11 deals

Lender

Fishkill Nursing Home Market Snapshot

Boundary boundary · Nursing Home · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.90%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93