Michael Hoffenberg & Charlie Zabriskie Secure $9.65 Million Loan For Dallas Multifamily Acquisition
$9,650,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 17, 2025
AI
The property asset involved in the transaction is a multifamily asset located in Dallas, TX, consisting of 220 units. The loan amount for the acquisition of this property is $9,650,000. The lender facilitating this transaction is Trevian Capital, represented by Michael Hoffenberg and Charlie Zabriskie.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,650,000
- Loan Type: Acquisition
- Lender: Michael Hoffenberg & Charlie Zabriskie - Trevian Capital
- Date: 07/18/2025
- Market: Dallas, TX
Michael Hoffenberg and Charlie Zabriskie are the key individuals involved in this transaction, representing Trevian Capital as the lender for the acquisition loan. Their participation is crucial in facilitating the financial aspect of the deal, highlighting their roles in connecting capital with the multifamily asset in Dallas.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93