FINANCEDMultiFamily
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
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.
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