Hasanov Capital Secures $18.4M Acquisition Loan For 91 SFR Portfolio Across 6 States

Hasanov Capital recently completed a closed property transaction involving a mixed-use asset portfolio located in Maumee, OH; Columbus, OH; Garfield Heights OH; Beverly Hills, FL; Abbevile, SC; Statesville, NC; Dundee, MI; Carolinas; Griffin, GA. The portfolio comprised a total of 97 properties, including multifamily, office, medical office, strip mall, NNN lease, and a 91 single-family home portfolio across six states. The total square footage of the properties amounted to 158,445.

Summary of transaction details:

• Property Type: Mix-use
• Transaction Amount: $18,367,740
• Address: 1661 Holland Rd, 5957 Cleveland Ave, 6156 N Diadem Point, 701-707 Bryant St, 100 Powell Dr (91 SFR Portfolio)

Farrukh Hasanov and Farkhad Hasanov of Hasanov Capital acted as brokers in this transaction. The buyer, a New York-based investor, was represented by Robert Wallace as their landlord. Hasanov Capital utilized their extensive network of lender relationships across the country to secure financing from Wayne Community Savings Bank, Arbor, Bank United, Marine Credit Union, and Directions Credit Union. The financing was obtained within the two-week due diligence period for each property. By leveraging the borrower's equity, Hasanov Capital achieved a blended loan-to-value (LTV) ratio of 78%, maximizing the purchasing power and increasing the cash-on-cash return for the investor.

For investors seeking creative financing solutions for complex deals, Farrukh Hasanov can be reached at 917-679-7995 or [email protected], while Farkhad Hasanov can be contacted at 917-679-8680 or [email protected].