3650 REIT Provides $59.9M Loan For Industrial Portfolio In Arkansas, Kentucky, Michigan & Minnesota
FINANCED
$59,900,000
Arkansas
See Similar DealsIndustrial
Financed 08/09/2022
FINANCED
3650 REIT Provides $59.9M Loan For Industrial Portfolio In Arkansas, Kentucky, Michigan & Minnesota
Arkansas, United States
See Similar DealsIndustrial
Financed 08/09/2022
Summary
ARKANSAS
Asset Type:Industrial
Transaction Type:Loan
An industrial portfolio, located in Arkansas, Kentucky, Michigan, and Minnesota, has recently undergone a loan transaction.
Summary of transaction details:
- Property Type: Industrial
- Loan Amount: $59,900,000
Toby Cobb, a representative from 3650 REIT, facilitated the loan for this industrial portfolio. The portfolio is owned by Alexander Property Holdings.
Players
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
$59,900,000.00
Monthly NOI$399,333.33
Monthly Debt Service$378,608.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions