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4410 Westheimer Road

Jonathan Zilber And Joel Chetner Of Meridian Capital Group Secure $71.8 Million Refinance Loan In Houston For Multifamily Asset
FINANCEDMultiFamily

Jonathan Zilber And Joel Chetner Of Meridian Capital Group Secure $71.8 Million Refinance Loan In Houston For Multifamily Asset

$60,000,000

$195/SF

Building Size

306,480 SF

Asset Type

MultiFamily

Closing

Aug 14, 2024

AI

The asset involved in this transaction is a multifamily property located in the Houston market. The loan amount secured for this asset is $71,800,000, with the purpose of refinancing the property.

Summary of transaction details:

The key individuals involved in this transaction are Jonathan Zilber and Joel Chetner, who represent Meridian Capital Group. They facilitated the refinancing process for the multifamily property in the Houston market.

Players

Jonathan Zilber

Walker & Dunlop

Broker

$1.1B

vol

22 deals

Broker

Houston 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

0.26%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93