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Haymes Investment Company Secures $9.2M Refinance Loan From John Hancock Life Insurance For Retail Asset
FINANCED
$9,200,000
New York
See Similar DealsRetail
Financed 01/22/2026
FINANCED
Haymes Investment Company Secures $9.2M Refinance Loan From John Hancock Life Insurance For Retail Asset
2473 2475 Broadway
See Similar DealsRetail
Financed 01/22/2026
Summary
NEW YORK
Asset Type:Retail
Transaction Type:Loan
The property asset involved in this transaction is a retail building located at 2473-2475 Broadway in the Upper West Side market. The loan amount secured for refinancing the property is $9,200,000. The asset reflects a significant transaction in a prominent urban area.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $9,200,000
- Lender: John Hancock Life Insurance Company
- Landlord: Stephen D. Haymes - Haymes Investment Company
- Loan Type: Refinance
- Date of Loan Closure: 01/22/2026
- Recorded Date: 02/03/2026
This deal features Haymes Investment Company, represented by Haymes Broadway LLC, as the entity that refinanced the retail building. The loan from John Hancock Life Insurance Company marks a strategic financial move within a valuable market segment.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,200,000.00
Monthly NOI$61,333.33
Monthly Debt Service$58,150.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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