MC Investment Partners Secures $31.2M Bridge Loan For Multifamily Property On Huntwood Avenue, San Francisco
29200 Huntwood Avenue, Hayward, California 94544, United States
$31,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 6, 2022
AI
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.
Players
Hayward MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93