Updated Oct 29, 2024
Sekisui House Provides $168M Loan For Santa Clara Development Site
Coleman Ave, Santa Clara, CA 95050
$168,000,000
Building Size
—
Asset Type
Development Site
Closing
May 12, 2022
About this deal
AI
A development site located in Santa Clara has recently been involved in a closed transaction. The property, situated on Coleman Ave, spans approximately 4 acres.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $168,000,000
- Address: Coleman Ave
- Market: Santa Clara
- Lender: Sekisui House
- Landlord: Holland Partner Group - Matthew Eilen
The transaction involved a loan amount of $168,000,000. Sekisui House provided the loan for this development site. Holland Partner Group, represented by Matthew Eilen, acted as the landlord in this deal.
Players
Los Angeles Development Site Market Snapshot
Boundary boundary · Development Site · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93