Updated Sep 4, 2026
Ben Meshel & Jeff Meshel Of Candor Capital Provides $6.1M Bridge Loan In Purchase New York
$6,100,000
$312/SF
Building Size
19,500 SF
Asset Type
Single Family Residence
Closing
Aug 28, 2026
About this deal
AI
A portfolio of single-family residences located in Purchase, NY, was financed with a loan amount of $6,100,000. The total square footage of the property is 19,500, and the loan is classified as a bridge loan with a term of 1 year.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,100,000
- Lender: Ben Meshel & Jeff Meshel - Candor Capital
- Loan Type: Bridge
- Loan Terms: 1 year
- LTV: 47%
- Market: Purchase, NY
Ben Meshel and Jeff Meshel from Candor Capital provided the financing for this deal, actively seeking short-term bridge loan opportunities nationwide, indicating a strategic focus on the residential sector of the real estate market.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93