Updated Nov 28, 2024
Arbor Realty Trust Secures $78.5M Loan For Peoria Multifamily Property
8405 West Olive Avenue Peoria, Arizona 85345, Usa
$78,500,000
Units
322
Asset Type
MultiFamily
Closing
Jun 1, 2023
About this deal
AI
The loan for this transaction was closed on 06/01/2023 for the property located at 8405 West Olive Avenue in Peoria, AZ. The property is a multifamily asset consisting of 322 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $78,500,000
- Market: Peoria, AZ
- Address: 8405 West Olive Avenue
- Units: 322
The landlord for this property is Arbor Realty Trust. The loan amount for this transaction was $78,500,000.
The multifamily loan at 8405 West Olive Avenue Peoria, Arizona 85345, Usa in Peoria, Arizona financed for $78.5M in 2023. 8405 West Olive Avenue Peoria, Arizona 85345, Usa is classified as Multifamily on Traded. This page is the Peoria, Arizona file for the 8405 West Olive Avenue Peoria, Arizona 85345, Usa multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Peoria sit in the Market section below. Filter that Peoria multifamily set by closing date to see what else financed near 8405 West Olive Avenue Peoria, Arizona 85345, Usa around 2023. Published consideration for 8405 West Olive Avenue Peoria, Arizona 85345, Usa is $78.5M, dated 2023. Cite this Arbor Realty Trust Secures $78.5M Loan For Peoria Multifamily Property loan when underwriting similar multifamily product around Peoria, Arizona.
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Peoria MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93