Affinius Capital Secures $135 Million Refinance Loan From SMBC For Industrial Asset In Vacaville
920 Eubanks Drive
$135,000,000
$109/SF
Building Size
1,228,982 SF
Asset Type
Industrial
Closing
Oct 31, 2024
AI
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:
- Property Type: Industrial
- Transaction Amount: $135,000,000
- Lender: SMBC
- Lender's Representatives: Hiro Otsuka, Alex Cabria
- Landlord: Affinius Capital
- Landlord's Representative: Len O'Donnell
- Landlord's Representative Team: Jordan Roeschlaub, Jonathan Firestone, Ramsey Daya, Christopher Moritz, Blake Thompson
- Landlord's Representative Agency: Newmark
- Loan Type: Refinance
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
Vacaville 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
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93