Vantage Data Centers Secures $375 Million Refinance Loan From Wells Fargo Citibank And Goldman Sachs
Goodyear Road
$375,000,000
Building Size
—
Asset Type
Special Purpose
Closing
Jun 25, 2025
AI
The transaction involved a special purpose asset in Goodyear, AZ. The loan amount secured by Vantage Data Centers was $375,000,000, categorized as a refinance. This refinancing replaced a previous loan of $560,000,000 and effectively returned $164.5 million in equity.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $375,000,000
- Lender: Wells Fargo, Citibank & Goldman Sachs
- Landlord: Vantage Data Centers
- Loan Type: Refinance
This deal was represented by Vantage Data Centers, which secured a total refinancing package of $735 million for three data centers located in Arizona. The transaction involved prominent lenders collaborating on the financing arrangement.
Players
Goodyear Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93