Christopher Todd Capital Secures $32.76 Million Loan For Multifamily Acquisition In Surprise, AZ
12065 North 168th Lane
$32,760,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2025
AI
The property asset involved is a multifamily development located at 12065 North 168th Lane in Surprise, AZ. The acquisition financing arranged for this asset amounts to $32,760,000, reflecting significant institutional interest in quality single-family rental communities with ample amenities.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $32,760,000
- Loan Type: Acquisition
- Landlord: Christopher Todd Capital
- Brokers: Bryan Mummaw, Jesse Hudson, Bryan Liu, Christopher Gitibin & Tyler Woodard - NorthMarq
NorthMarq played a crucial role in facilitating the acquisition financing, showcasing the demand from institutions for high-quality rental communities. The involved brokers represent various facets of the deal, contributing to the successful arrangement of the loan.
Players
Surprise MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93