Updated Jan 5, 2026
Danny Fishman Of Gaia Real Estate Secures $84M Refinance From Greystone For Multifamily Asset In Rhode Island
125 Village Green North East Providence
$84,000,000
Units
478
Asset Type
MultiFamily
Closing
Dec 31, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located at 125 Village Green North in Riverside, RI, comprising 478 units. The property was refinanced for an amount of $84,000,000 through agency debt. The refinance replaced a previous loan obtained in 2018, enhancing the property's financial standing in the market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $84,000,000
- Market: Riverside, RI
- Lender: Greystone
- Landlord: Danny Fishman - Gaia Real Estate
- Units: 478
- Loan Type: Refinance
This transaction highlights the involvement of Greystone as the lender, providing a significant refinancing option for the existing loan structure originally established by a Fannie Mae loan. Danny Fishman represents Gaia Real Estate in this transaction, indicating the company's strategic focus on enhancing their portfolio through financial restructuring of their assets.
On the Map
$84,000,000
MultiFamily
View full map
Players
Riverside MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Danny Fishman to view all their deals.
Browse Riverside multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93