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3130 Stag Road

Michael Hoffenberg & Charlie Zabriskie Secure $9.65 Million Loan For Dallas Multifamily Acquisition
FINANCEDMultiFamily

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

Charlie Zabriskie

Lender

$297.4M

vol

18 deals

Lender
Trevian Capital
Trevian CapitalLender

Dallas MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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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