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Affinius Capital Secures $135 Million Refinance Loan From SMBC For Industrial Asset In Vacaville

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FINANCED
$135,000,000
Christopher (Chriz) Moritz
Jordan (Jordy) Roeschlaub
+ 2

California

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Industrial1,228,982 SF
Financed 10/31/2024
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Property Image
FINANCED

Affinius Capital Secures $135 Million Refinance Loan From SMBC For Industrial Asset In Vacaville

920 Eubanks Drive

See Similar Deals
Industrial1,228,982 SF
Financed 10/31/2024
Christopher (Chriz) Moritz
Jordan (Jordy) Roeschlaub
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$109
Total Square Footage:1,228,982 SF
Transaction Type:Loan

The property asset involved in this transaction is an industrial facility located at 920 Eubanks Drive in Vacaville, encompassing a total square footage of 1,228,982. The transaction relates to a refinance loan amounting to $135,000,000.

Summary of transaction details:

This transaction brings together several key players including the lender's representatives, Hiro Otsuka and Alex Cabria from SMBC. Len O'Donnell represents Affinius Capital as the landlord, with additional support from the team at Newmark, which includes Jordan Roeschlaub, Jonathan Firestone, Ramsey Daya, Christopher Moritz, and Blake Thompson in facilitating the deal.

Players

Ramsey Daya
12 deals$2.6B volume
BROKER

Christopher (Chriz) Moritz
Newmark
6 deals$2B volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
324 deals$97.5B volume
BROKER

Jonathan Firestone
Newmark
38 deals$10.5B volume(310) 709-4910
BROKER

Blake Thompson
Newmark
19 deals$3.4B volume
BROKER

Sumitomo Mitsui Banking Corporation (SMBC)
LENDER

Details

FINANCED
IMAGE: Hiro Otsuka, Alex Cabria, Len O'Donnell, Jordan Roeschlaub, Jonathan Firestone, Ramsey Daya, Christopher Moritz & Blake Thompson DATE: 10/31/2024 ADDRESS: 920 Eubanks Drive MARKET: Vacaville ASSET TYPE: Industrial ~ SF: 1,228,982 LENDER: SMBC - Hiro Otsuka & Alex Cabria LANDLORD: Affinius Capital - Len O'Donnell LANDLORD'S REP: Jordan Roeschlaub (@JordyRoeschlaub), Jonathan Firestone, Ramsey Daya, Christopher Moritz & Blake Thompson - Newmark (@Newmark) LOAN AMOUNT: $135,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$135,000,000.00

Monthly NOI$900,000.00
Monthly Debt Service$853,291.83
Change in Cash Flow$0.00
Refinance Proceeds$0.00