MC Investment Partners Secures $31.2M Bridge Loan For Multifamily Property On Huntwood Avenue, San Francisco
FINANCED
$31,200,000
California
See Similar DealsMultiFamily
Financed 02/07/2022
FINANCED
MC Investment Partners Secures $31.2M Bridge Loan For Multifamily Property On Huntwood Avenue, San Francisco
29200 Huntwood Avenue, Hayward, California 94544, United States
See Similar DealsMultiFamily
Financed 02/07/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Loan
A multifamily property located at 29200 Huntwood Avenue in San Francisco recently closed on a bridge loan. The property spans approximately 9 acres and is owned by MC Investment Partners.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $31,200,000
The bridge loan for this transaction was provided by Dwight Capital, with Brandon Baksh representing the lender in the deal.
Note: No additional information about the property or individuals involved in the transaction was provided.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$31,200,000.00
Monthly NOI$208,000.00
Monthly Debt Service$197,205.22
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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