Updated Apr 3, 2025
3650 REIT Provides $59.9M Loan For Industrial Portfolio In Arkansas, Kentucky, Michigan & Minnesota
Arkansas, United States
$59,900,000
Building Size
—
Asset Type
Industrial
Closing
Aug 8, 2022
About this deal
AI
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.
The industrial loan at Arkansas, United States in Greenbrier, Arkansas financed for $59.9M in 2022. Arkansas, United States is classified as Industrial on Traded. Named participants on the Arkansas, United States loan are Alexander. This page is the Greenbrier, Arkansas file for the Arkansas, United States industrial financed: pricing, party profiles, and other closed industrial comps from the same Greenbrier sit in the Market section below. Filter that Greenbrier industrial set by closing date to see what else financed near Arkansas, United States around 2022. Published consideration for Arkansas, United States is $59.9M, dated 2022. Cite this 3650 REIT Provides $59.9M Loan For Industrial Portfolio In Arkansas, Kentucky, Michigan & Minnesota loan when underwriting similar industrial product around Greenbrier, Arkansas.
On the Map
$59,900,000
Industrial
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Players
Greenbrier Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93