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4415 Percival Road

One Real Estate Investment Secures $52M Construction Loan In Columbia
FINANCEDDevelopment Site

One Real Estate Investment Secures $52M Construction Loan In Columbia

4415 Percival Road

$52,000,000

Building Size

Asset Type

Development Site

Closing

Apr 24, 2024

AI

The multifamily property located at 4415 Percival Road in Columbia, South Carolina was involved in a recent transaction that secured a $52,000,000 construction loan. The lenders for this transaction were Jeff Rosenfeld and Sean Robertson from North River Partners, along with Amzak Capital Partners. The developers responsible for the property are Jeronimo Hirschfeld, Bob Barton, and Thomas Kochak from One Real Estate Investment. The loan was facilitated with the representation of Brad Williamson, Mitch Sinberg, Scott Wadler, Matthew Robbins, and Patrick Johnson from Berkadia.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $52,000,000
  • Lenders: Jeff Rosenfeld & Sean Robertson - North River Partners; Amzak Capital Partners
  • Developer: Jeronimo Hirschfeld, Bob Barton & Thomas Kochak - One Real Estate Investment
  • Brokers: Brad Williamson, Mitch Sinberg, Scott Wadler, Matthew Robbins & Patrick Johnson - Berkadia

The collaboration on this loan for the multifamily property was undertaken by a group of professionals including Scott Wadler, Matthew Robbins, Jeff Rosenfeld, Patrick Johnson, Brad Williamson, Sean Robertson, Jeronimo Hirschfeld, Bob Barton, Mitch Sinberg, and Thomas Kochak. Each party played a crucial role in ensuring the success of this significant transaction.

Players

Brad Williamson

Berkadia

Broker

$7.4B

vol

118 deals

Broker
Amzak Capital Management
Amzak Capital ManagementLender

Columbia Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93