Renovo Provides $4.7 Million Acquisition Loan For 89-Unit Multifamily Asset In Cincinnati
FINANCED
$4,700,000
MultiFamily504,000 SF
Financed 01/09/2025
FINANCED
Renovo Provides $4.7 Million Acquisition Loan For 89-Unit Multifamily Asset In Cincinnati
MultiFamily504,000 SF
Financed 01/09/2025
Summary
OHIO
Asset Type:MultiFamily
Price Per Square Foot:$9
Total Square Footage:504,000 SF
Transaction Type:Loan
The transaction involves a multifamily asset consisting of 89 units with a total square footage of 126,000 located in Cincinnati, OH. The loan provided for this acquisition amounts to $4,700,000 and has a loan term of 7 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,700,000
- Loan Type: Acquisition
- Loan Terms: 7 Years
- Lender: Renovo
- Brokers: Chaim Weiser & Tzvi Balsam - The Leopard Group
Chaim Weiser and Tzvi Balsam, representing The Leopard Group, played key roles in brokering the deal, facilitating the acquisition process for the involved parties in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,700,000.00
Monthly NOI$31,333.33
Monthly Debt Service$29,707.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions