Morris Betesh, Alex Ellman & Jack McPhail Of Arrow Real Estate Advisors Secures $24M Loan For Retail Asset
1310 Boston Post Road
$24,000,000
Building Size
—
Asset Type
Retail
Closing
Jun 24, 2026
About this deal
AI
This retail property is located at 1310 Boston Post Road in the Larchmont market. The transaction involves a loan amount of $24,000,000 for a non-recourse refinance.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,000,000
- Loan Type: Non recourse refinance
- Landlord's Representatives: Morris Betesh, Alex Ellman & Jack McPhail - Arrow Real Estate Advisors
The stakeholders involved in this transaction highlight Morris Betesh, Alex Ellman, and Jack McPhail, who represent the landlord through Arrow Real Estate Advisors. Their expertise plays a vital role in facilitating the financial aspects of this deal.
On the Map
$24,000,000
Retail
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Players
Larchmont Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93