RRA Capital Provides $12 Million Loan For Industrial Asset At 10121 Greenbrier Parkway In Madison
FINANCED
$12,000,000
Alabama
See Similar DealsIndustrial290,160 SF
Financed 11/06/2024
FINANCED
RRA Capital Provides $12 Million Loan For Industrial Asset At 10121 Greenbrier Parkway In Madison
10121 Greenbrier Parkway
See Similar DealsIndustrial290,160 SF
Financed 11/06/2024
Summary
ALABAMA
Asset Type:Industrial
Price Per Square Foot:$41
Total Square Footage:290,160 SF
Transaction Type:Loan
The property involved in this transaction is an industrial asset located at 10121 Greenbrier Parkway in the Madison market. The loan amount for the asset is $12,000,000.00, reflecting the financial backing provided for this transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $12,000,000.00
- Lender: RRA Capital
- Broker: Scott Modelski - Black Bear Capital Partners
Key individuals involved in this deal include Scott Modelski, who represented the interests of the broker agency Black Bear Capital Partners in facilitating the transaction. RRA Capital provided the financial lending necessary for the acquisition of the property.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$12,000,000.00
Monthly NOI$80,000.00
Monthly Debt Service$75,848.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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