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

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FINANCED
$52,000,000
Mitch Sinberg
Matthew (Matt) Robbins
+ 2

South Carolina

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Development Site
Financed 04/24/2024
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Property Image
FINANCED

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

4415 Percival Road

See Similar Deals
Development Site
Financed 04/24/2024
Mitch Sinberg
Matthew (Matt) Robbins
+ 2
Contact now

Summary

SOUTH CAROLINA
Asset Type:Development Site
Transaction Type:Loan

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
107 deals$6.8B volume(786) 646-2580
BROKER

Mitch Sinberg
Berkadia
131 deals$8.3B volume(561) 609-4006
BROKER

Matthew (Matt) Robbins
Berkadia
113 deals$6.8B volume
BROKER

Scott Wadler
Berkadia
160 deals$9.8B volume
BROKER

Patrick Johnson
Berkadia
20 deals$1.7B volume(901) 425-1828
BROKER

Amzak Capital Management
LENDER

Details

FINANCED
IMAGE: Scott Wadler, Matthew Robbins, Jeff Rosenfeld, Patrick Johnson, Brad Williamson, Sean Robertson, Jeronimo Hirschfeld, Bob Barton, Mitch Sinberg & Thomas Kochak DATE: 04/24/2024 ADDRESS: 4415 Percival Road MARKET: Columbia, South Carolina ASSET TYPE: Multifamily LENDER: 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 (@TheJewishIceberg), Scott Wadler (@SWadler1), Matthew Robbins & Patrick Johnson - Berkadia (@Berkadia) LOAN AMOUNT: $52,000,000 LOAN TYPE: Construction Loan

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$52,000,000.00

Monthly NOI$346,666.67
Monthly Debt Service$328,675.37
Change in Cash Flow$0.00
Refinance Proceeds$0.00