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Goodyear Road

Vantage Data Centers Secures $375 Million Refinance Loan From Wells Fargo Citibank And Goldman Sachs
FINANCEDSpecial Purpose

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:

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

Goldman Sachs
Goldman SachsLender
Citibank
CitibankLender

Goodyear Special Purpose Market Snapshot

Boundary boundary · Special Purpose · Loan transactions

Loading comparables…

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