Updated Sep 9, 2024
Jeff Wilcox & Charlie Kokernak Arrange $45M Loan For Multifamily Properties On El Camino Way, Palo Alto
4075 El Camino Way, Palo Alto, CA, USA
$45,000,000
$26,041/SF
Building Size
1,728 SF
Asset Type
MultiFamily
Closing
Oct 25, 2020
About this deal
AI
A multifamily property located at 4041 El Camino Way and 4075 El Camino Way in Palo Alto was recently involved in a closed transaction. The loan amount for this transaction was $45,000,000. The property type was a multifamily asset.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $45,000,000
- Address: 4041 El Camino Way, 4075 El Camino Way
- Market: Palo Alto
Jeff Wilcox and Charlie Kokernak from antry_inc served as the brokers for this transaction.
The multifamily loan at 4075 El Camino Way, Palo Alto, CA, USA in Palo Alto, California financed for $45M in 2020. The building is 1,728 square feet, implying about 26K per square foot on the published price. Jeff Wilcox, Charlie Kokernak, Gantry appear on the loan alongside Gantry. This page is the Palo Alto, California file for the 4075 El Camino Way, Palo Alto, CA, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Palo Alto sit in the Market section below. Filter that Palo Alto multifamily set by closing date to see what else financed near 4075 El Camino Way, Palo Alto, CA, USA around 2020. Published consideration for 4075 El Camino Way, Palo Alto, CA, USA is $45M, dated 2020. Cite this Jeff Wilcox & Charlie Kokernak Arrange $45M Loan For Multifamily Properties On El Camino Way, Palo Alto loan when underwriting similar multifamily product around Palo Alto, California.
On the Map
$45,000,000
$26,041/SF
MultiFamily
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Palo Alto 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93