facebook
Traded Co logo
Submit

Foundation Capital Partners And GTIS Refinance Industrial Property In Goodyear With $39M Loan From Arizona Bank And Trust

Property Image
FINANCED
$39,000,000

Arizona

See Similar Deals
Industrial490,278 SF
Financed 07/14/2023
the dealplayerscompscontact
Property Image
FINANCED

Foundation Capital Partners And GTIS Refinance Industrial Property In Goodyear With $39M Loan From Arizona Bank And Trust

14160 W Yuma Rd Goodyear, AZ 85338, USA

See Similar Deals
Industrial490,278 SF
Financed 07/14/2023
Contact now

Summary

ARIZONA
Asset Type:Industrial
Price Per Square Foot:$79
Total Square Footage:490,278 SF
Transaction Type:Loan

The industrial property located at 14160 West Yuma Road in Goodyear has undergone a refinancing transaction. Spanning over 490,278 square feet, this property is owned by Foundation Capital Partners represented by David Steinberg and GTIS represented by Tom Shapiro. The lender for this transaction is Arizona Bank and Trust, with William Callahan serving as the contact person. The brokers involved in this deal are Jordan (Jordy) Roeschlaub, Dustin Stolly, and Chris Kramer from Newmark.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $39,000,000
  • Lender: Arizona Bank And Trust - William Callahan
  • Landlord: Foundation Capital Partners - David Steinberg; GTIS - Tom Shapiro
  • Brokers: Jordan Roeschlaub, Dustin Stolly & Chris Kramer - Newmark
  • Loan Type: Refinance

This refinancing transaction involves key individuals and companies, such as William Callahan from Arizona Bank and Trust as the lender. Jordan Roeschlaub, Dustin Stolly, and Chris Kramer, representing Newmark, played crucial roles as brokers in facilitating this refinancing deal. Their expertise and involvement contributed to the successful completion of this transaction.

Players

Dustin Stolly
264 deals$49.1B volume
BROKER

Christopher (Chris) Kramer
Newmark
112 deals$21.8B volume(212) 850-5472
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

Arizona Bank And Trust
LENDER

Details

FINANCED
IMAGE: William Callahan, David Steinberg, Tom Shapiro, Jordan Roeschlaub, Dustin Stolly & Chris Kramer DATE: 07/14/2023 ADDRESS: 14160 West Yuma Road MARKET: Goodyear ASSET TYPE: Industrial ~ SF: 490,278 LENDER: Arizona Bank And Trust - William Callahan LANDLORD: Foundation Capital Partners (@Foundation_Capital_Partners) - David Steinberg; GTIS - Tom Shapiro BROKERS: Jordan (Jordy) Roeschlaub (@JordyRoeschlaub), Dustin Stolly & Chris Kramer - Newmark (@Newmark) LOAN AMOUNT: $39,000,000 LOAN TYPE: Refinance

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
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$39,000,000.00

Monthly NOI$260,000.00
Monthly Debt Service$246,506.53
Change in Cash Flow$0.00
Refinance Proceeds$0.00