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Greystone Secures $14 Million Refinance For Linda Vista Luxury Rentals In Oro Valley, AZ

Property Image
FINANCED
$14,000,000
Thomas Wayda
Shana Daby
Dante Distefano
+ 1

Arizona

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MultiFamily
Financed 10/28/2024
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Property Image
FINANCED

Greystone Secures $14 Million Refinance For Linda Vista Luxury Rentals In Oro Valley, AZ

375 East Linda Vista Boulevard

See Similar Deals
MultiFamily
Financed 10/28/2024
Thomas Wayda
Shana Daby
Dante Distefano
+ 1
the dealplayerscompscontact
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Summary

ARIZONA
Asset Type:MultiFamily
Transaction Type:Loan

The property involved in this transaction is Linda Vista Luxury Rentals, a multifamily asset comprised of 64 units, located at 375 East Linda Vista Boulevard in Oro Valley, AZ. The refinancing secured is for the amount of $14,000,000. This build-to-rent community was completed in 2024.

Summary of transaction details:

This transaction was facilitated by Greystone, highlighting the expertise of their brokerage team in securing the refinance for this multifamily property, contributing to the growth of rental opportunities in Tucson.

Players

Thomas Wayda
Greystone
Thomas Wayda
21 deals$1.5B volume(917) 421-4534
BROKER
Shana Daby
Greystone
Shana Daby
4 deals$99M volume(360) 828-3933
BROKER
Dante Distefano
Greystone
Dante Distefano
4 deals$85.1M volume
BROKER
Rebecca Reich
Greystone
Rebecca Reich
1 deal$14M volume(917) 742-0219
BROKER

Details

FINANCED
IMAGE: 10/28/2024 ADDRESS: 375 East Linda Vista Boulevard MARKET: Oro Valley, AZ ASSET TYPE: Multifamily BROKERS: Dante Distefano, Rebecca Reich, Shana Daby & Thomas Wayda - Greystone LOAN AMOUNT: $14,000,000 LOAN TYPE: Refinance NOTE: Greystone secured $14 million in refinancing for Linda Vista Luxury Rentals, a 64-unit build-to-rent community in Tucson completed in 2024.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$14,000,000.00

Monthly NOI$93,333.33
Monthly Debt Service$88,489.52
Change in Cash Flow$0.00
Refinance Proceeds$0.00