FINANCED
LMF Commercial Acquires 13-Unit Multifamily Property In Philadelphia, PA For $4M Loan
LMF Commercial completes loan for $4,000,000 in Philadelphia
MultiFamily
11,825 SF
11,825 SF
Financed 247 days ago
Summary
Loan
PENNSYLVANIA
MultiFamily
11,825 sqft
The multifamily property located in Philadelphia, PA with a total square footage of 11,825 and 13 units has recently undergone a refinancing transaction.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Loan Type: Refinance
- Loan Terms: CMBS: 5 years, Full IO, 74.1% LTV, 1.21x IO DSCR
The lender for this transaction is LMF Commercial represented by Nihad Choudhury. Robert Tobias, from an undisclosed agency, acted as the broker for the deal.
Players
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3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Nihad Choudhury & Robert Tobias
DATE: 07/28/2023
MARKET: Philadelphia, PA
ASSET TYPE: Multifamily ~ SF: 11,825 ~ UNITS: 13
LENDER: LMF Commercial - Nihad Choudhury (@NihadChy)
BROKER: Robert Tobias
LOAN AMOUNT: $4,000,000
LOAN TYPE: Refinance
LOAN TERMS: CMBS: 5 years, Full IO, 74.1% LTV, 1.21x IO DSCRView on map
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AddressLMF Commercial completes loan for $4,000,000 in Philadelphia
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