Citi Bank Provides $69 Million Refinance Loan For Dallas Multifamily Asset With Brokers Aaron Sussman & Joseph Saul
$69,000,000
$89,726/SF
Building Size
769 SF
Asset Type
MultiFamily
Closing
Feb 11, 2026
AI
The asset involved in this transaction is a multifamily property located in Dallas, TX, comprising a total of 769 units. The loan amount secured for the refinance of this property is $69,000,000, with terms set for a duration of 5 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $69,000,000
- Loan Type: Refinance
- Loan Terms: 5 Years
- Lender: Citi Bank
- Date: 2/11/2026
- Brokers: Aaron Sussman & Joseph Saul - RidgeRock AMG
Aaron Sussman and Joseph Saul, representing RidgeRock AMG, facilitated the refinancing deal for this multifamily property. Their role was crucial in navigating the transaction process with Citi Bank as the lender.
Players
Market 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
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93