Harbor Group International & Azure Partners Acquire Multifamily Property In Santa Clarita For $173M With Square Mile Capital Management Loan
FINANCED
California
See Similar DealsMultiFamily
Financed 01/18/2022
FINANCED
Harbor Group International & Azure Partners Acquire Multifamily Property In Santa Clarita For $173M With Square Mile Capital Management Loan
17350 Humphreys Pkwy
See Similar DealsMultiFamily
Financed 01/18/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property located at 17350 Humphreys Parkway in Santa Clarita has been involved in a closed transaction. The property, situated in the Santa Clarita market, was acquired through an acquisition loan.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $173,000,000
- Address: 17350 Humphreys Parkway
- Market: Santa Clarita
- Lender: Square Mile Capital Management
- Landlord: Harbor Group International & Azure Partners
- Brokers: Jamie Leachman, Brandon Smith & Annie Rice - JLL
- Loan Type: Acquisition Loan
Jamie Leachman, Brandon Smith, and Annie Rice from JLL represented the parties involved in the transaction. They acted as brokers for the landlord, Harbor Group International and Azure Partners, with the lender being Square Mile Capital Management.
Players
LENDER
LANDLORD
LANDLORD
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
$173,000,000.00
Monthly NOI$1,153,333.33
Monthly Debt Service$1,093,477.68
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
