Citi Bank Provides $69 Million Refinance Loan For Dallas Multifamily Asset With Brokers Aaron Sussman & Joseph Saul
FINANCED
$69,000,000
Texas
See Similar DealsMultiFamily769 SF
Financed
FINANCED
Citi Bank Provides $69 Million Refinance Loan For Dallas Multifamily Asset With Brokers Aaron Sussman & Joseph Saul
MultiFamily769 SF
Financed
Summary
Asset Type:MultiFamily
Price Per Square Foot:$89726
Total Square Footage:769 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$69,000,000.00
Monthly NOI$460,000.00
Monthly Debt Service$436,126.94
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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