Charles Essig Of Silver Creek Development Secures $22.67M Refinance Loan For Chandler Office
FINANCED
$22,670,000
Arizona
See Similar DealsOffice145,000 SF
Financed 08/13/2025
FINANCED
Charles Essig Of Silver Creek Development Secures $22.67M Refinance Loan For Chandler Office
1811 East Northrop Boulevard
See Similar DealsOffice145,000 SF
Financed 08/13/2025
Summary
ARIZONA
Asset Type:Office
Price Per Square Foot:$156
Total Square Footage:145,000 SF
Transaction Type:Loan
The property involved in this transaction is an office asset located at 1811 East Northrop Boulevard in Chandler. It encompasses a total square footage of 145,000. The transaction was a refinance with a loan amount of $22,670,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $22,670,000
- Asset Address: 1811 East Northrop Boulevard
- Market: Chandler
- Landlord: Charles Essig - Silver Creek Development
- Broker: Steven Paskover - Walker & Dunlop
- Loan Type: Refinance
Key individuals in this transaction include Charles Essig representing the landlord, Silver Creek Development, and Steven Paskover as the broker from Walker & Dunlop involved in facilitating the refinance deal.
Players
BROKERAGE
LANDLORD
LANDLORD
Details
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,670,000.00
Monthly NOI$151,133.33
Monthly Debt Service$143,289.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions