Michael Hoffenberg & Charlie Zabriskie Secure $9.65 Million Loan For Dallas Multifamily Acquisition
FINANCED
$9,650,000
Texas
See Similar DealsMultiFamily
Financed 07/18/2025
FINANCED
Michael Hoffenberg & Charlie Zabriskie Secure $9.65 Million Loan For Dallas Multifamily Acquisition
MultiFamily
Financed 07/18/2025
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
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
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,650,000.00
Monthly NOI$64,333.33
Monthly Debt Service$60,994.56
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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