RRA Capital Provides $9.45 Million Loan For Peoria Hospital Transaction Through Tower Capital
FINANCED
$9,450,000
Arizona
See Similar DealsHospital201,283 SF
Financed 01/26/2023
FINANCED
RRA Capital Provides $9.45 Million Loan For Peoria Hospital Transaction Through Tower Capital
16321 N 83rd Ave.
See Similar DealsHospital201,283 SF
Financed 01/26/2023
Summary
ARIZONA
Asset Type:Hospital
Price Per Square Foot:$46
Total Square Footage:201,283 SF
Transaction Type:Loan
The property involved in this transaction is a hospital located at 16321 N 83rd Ave. in Peoria. The asset has been financed with a loan amounting to $9,450,000.00.
Summary of transaction details:
- Property Type: Hospital
- Transaction Amount: $9,450,000.00
- Market: Peoria
- Lender: RRA Capital
- Brokers: Kyle McDonough - Tower Capital
- Loan Date: 01/26/2023
Kyle McDonough from Tower Capital represented the financing arrangement for this hospital transaction. The deal showcases the collaboration between the lender and the broker in securing the loan for this asset.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$9,450,000.00
Monthly NOI$63,000.00
Monthly Debt Service$59,730.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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