RRA Capital Secures $32.03M Loan For Office Property At 1661 East Camelback Road In Phoenix
FINANCED
$32,035,000
Arizona
See Similar DealsOffice189,241 SF
Financed 11/07/2025
FINANCED
RRA Capital Secures $32.03M Loan For Office Property At 1661 East Camelback Road In Phoenix
1661 East Camelback Road
See Similar DealsOffice189,241 SF
Financed 11/07/2025
Summary
ARIZONA
Asset Type:Office
Price Per Square Foot:$169
Total Square Footage:189,241 SF
Transaction Type:Loan
An office property located at 1661 East Camelback Road in Phoenix, AZ, has a total square footage of 189,241. The loan associated with this property involves a refinance transaction for a total amount of $32,035,000.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $32,035,000
- Lender: RRA Capital
- Lender's Representative: Marcus Goodwin - RRA Capital
- Broker: Scott Peterson - CBRE
- Loan Type: Refinance
- Loan Terms: 24 Months
- Date: 11/07/2025
This transaction is represented by Marcus Goodwin, acting on behalf of the lender RRA Capital, and brokered by Scott Peterson from CBRE, highlighting the roles played by these individuals in the deal's closing.
Players
BROKERAGE
BROKERAGE
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$32,035,000.00
Monthly NOI$213,566.67
Monthly Debt Service$202,482.99
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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