HF Capital Secures $6.4M Refinance Loan From Alma Bank For Specialty Use Asset In Manhattan
FINANCED
$6,400,000
New York
See Similar DealsOffice
Financed 11/06/2025
FINANCED
HF Capital Secures $6.4M Refinance Loan From Alma Bank For Specialty Use Asset In Manhattan
554 Fort Washington Avenue
See Similar DealsOffice
Financed 11/06/2025
Summary
NEW YORK
Asset Type:Office
Transaction Type:Loan
The property asset involved in the transaction is located at 554 Fort Washington Avenue in Manhattan, categorized as a specialty use asset. The refinancing deal amounts to $6,400,000.
Summary of transaction details:
- Property Type: Specialty Use
- Transaction Amount: $6,400,000
- Lender: Alma Bank
- Landlord: HF Capital
- Landlord Representatives: Aaron Lowinger & Isaac Rosen
- Brokers: Judah Hammer & Jeff Feldman - CBRE
- Loan Type: Refinance
The key individuals in this transaction include Judah Hammer and Jeff Feldman, who represent the brokerage firm CBRE. They played a vital role in facilitating the refinancing for HF Capital, represented by Aaron Lowinger and Isaac Rosen, in securing the loan through Alma Bank.
Players
LANDLORD
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,400,000.00
Monthly NOI$42,666.67
Monthly Debt Service$40,452.35
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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