Morris Betesh, Seth Grossman, Eliott Zeitoune, Alex Bailkin & Porter Thomas Represents Landlord In $46M Construction Loan In Mesa AZ
$46,000,000
Building Size
—
Asset Type
Industrial
Closing
Apr 27, 2026
AI
The asset involved in this transaction is an industrial property located in Mesa, AZ, with a construction loan amounting to $46,000,000. The specifics of the property's characteristics are not detailed in the context provided.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $46,000,000
- Loan Type: Construction
- Landlord's Representative: Morris Betesh, Seth Grossman, Eliott Zeitoune, Alex Bailkin & Porter Thomas - Arrow Real Estate Advisors
The deal showcases the involvement of multiple representatives from Arrow Real Estate Advisors, demonstrating a collaborative effort in guiding the transaction within the industrial sector of the Mesa, AZ market.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93