Sheridan Capital Provides $10.2M Loan For MultiFamily Property On Las Vegas Trail
FINANCED
$10,200,000
Texas
See Similar DealsMultiFamily
Financed
FINANCED
Sheridan Capital Provides $10.2M Loan For MultiFamily Property On Las Vegas Trail
3254 Las Vegas Trail
See Similar DealsMultiFamily
Financed
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
The property involved in this closed transaction is a MultiFamily asset located at 3254 Las Vegas Trail in Fort Worth. The loan for this transaction was secured by Joe Fishman, a representative from Sheridan Capital. The broker for this deal was Jonathan Zilber from Meridian Capital.
Summary of transaction details
- Property Type: MultiFamily
- Loan Amount: $10,200,000
- Lender: Joe Fishman - Sheridan Capital
- Broker: Jonathan Zilber - Meridian Capital
The individuals involved in this deal include Joe Fishman from Sheridan Capital, who provided the loan, and Jonathan Zilber from Meridian Capital, who acted as the broker. The loan amount for this transaction was $10,200,000.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,200,000.00
Monthly NOI$68,000.00
Monthly Debt Service$64,470.94
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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