Daily limit: 0/10
Institutional Property Advisors Refinances Class A Office Property In Homewood, AL For $11.5M
FINANCED
$11,500,000
Alabama
See Similar DealsOffice
Financed 07/20/2023
FINANCED
Institutional Property Advisors Refinances Class A Office Property In Homewood, AL For $11.5M
200 Wildwood Parkway Homewood, Alabama 35209, USA
See Similar DealsOffice
Financed 07/20/2023
Summary
ALABAMA
Asset Type:Office
Transaction Type:Loan
Institutional Property Advisors (IPA) has successfully secured an $11.5 million refinancing for a Class A office property located at 200 Wildwood Parkway in Homewood, Alabama. The property is an office asset in a prime location within the Homewood market.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $11,500,000
- Address: 200 Wildwood Parkway, Homewood, AL
- Market: Homewood, AL
Jordan Ray, Rachael Krawiecki, and James Matheny from Institutional Property Advisors (IPA) served as the brokers for this refinancing deal. They played a crucial role in securing the $11.5 million refinancing for the Class A office property at 200 Wildwood Parkway. The involvement of these talented brokers highlights the expertise and professionalism they bring to the table in the real estate industry.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,500,000.00
Monthly NOI$76,666.67
Monthly Debt Service$72,687.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions