Updated Jul 6, 2026
FINANCEDMultiFamily
Berkshire Bank Provides $33.9M Refinancing Loan For York Multifamily Property
3145 Honey Run Drive, York, Pennsylvania 17408, United States
$33,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 20, 2022
About this deal
AI
The multifamily property located at 3145 Honey Run Drive in York, PA was recently involved in a refinancing loan transaction. The loan, amounting to $33,900,000, was provided by Berkshire Bank. The landlord, Larken Associates, sought this refinancing loan to meet their financial needs.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $33,900,000
- Address: 3145 Honey Run Drive, York, PA
- Market: York, PA
The brokers responsible for this transaction were Drew Fletcher and Paul Fried from Greystone. Their expertise and knowledge in the market played a crucial role in ensuring a successful refinancing loan for Larken Associates. Their representation and negotiation skills helped secure the loan from Berkshire Bank, providing the necessary financial support for the property.
On the Map
$33,900,000
MultiFamily
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Players
Dover Township MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93