Updated Jun 11, 2025
Freddie Mac Provides $73.5 Million Loan To Refinance The Madison Bellevue Multifamily In Bellevue
885 154th Avenue Northeast
$73,500,000
Units
281
Asset Type
MultiFamily
Closing
May 29, 2025
About this deal
AI
The Madison Bellevue is a 281-unit multifamily property located at 885 154th Avenue Northeast in Bellevue, Washington. The property was refinanced through a loan amounting to $73,500,000. The asset type is multifamily, situated in a notable market area.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $73,500,000
- Lender: Freddie Mac
- Landlord: Bryan Ezralow - The Ezralow Company
- Broker: Allan Freedman - Berkadia
- Loan Type: Refinance
Berkadia played a key role in securing the refinancing loan through Freddie Mac for The Madison Bellevue, ensuring the continuation of the property’s financing needs under the management of Bryan Ezralow and his company.
Players
Bellevue 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
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93