Edward Streit Of Hardwell Capital Secures $22.689M Refinance Loan On Santa Rosa Multifamily
FINANCED
$22,689,000
California
See Similar DealsMultiFamily106,929 SF
Financed 02/05/2024
FINANCED
Edward Streit Of Hardwell Capital Secures $22.689M Refinance Loan On Santa Rosa Multifamily
3751 Sebastopol Road
See Similar DealsMultiFamily106,929 SF
Financed 02/05/2024
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$212
Total Square Footage:106,929 SF
Transaction Type:Loan
The property located at 3751 Sebastopol Road in Santa Rosa, a multifamily asset with 100 units spanning 106,929 square feet, was involved in a refinance loan transaction. The loan amount for this deal was $22,689,000, and it was executed under agency terms.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,689,000
- Address: 3751 Sebastopol Road
- Market: Santa Rosa
- Units: 100
- Square Footage: 106,929
- Broker: Edward Streit - Hardwell Capital
- Loan Type: Refinance
- Loan Terms: Agency
Edward Streit from Hardwell Capital played a crucial role in facilitating the loan refinance for this multifamily property. The deal showcases the expertise and professionalism of the individuals and companies involved in securing the financial arrangement.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$22,689,000.00
Monthly NOI$151,260.00
Monthly Debt Service$143,409.91
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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