Updated Mar 27, 2025
Phoenix Development Co. Secures $27.8M Refinance Loan For 725 Wilson Street In Santa Rosa
725 Wilson Street, 755 Wilson Street & 85 8th Street
$27,800,000
Units
114
Asset Type
MultiFamily
Closing
Mar 26, 2025
About this deal
AI
The property asset involved in this transaction is a MultiFamily asset located at 725 Wilson Street in Santa Rosa. The loan amount secured for this property is $27,800,000.00, classified as a refinance. The loan features a 36-month term with a floating-rate, nonrecourse structure, allowing for interest-only payments throughout the term.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $27,800,000.00
- Loan Type: Refinance
- Loan Terms: 36-month, floating-rate, nonrecourse loan with interest-only payments
- Address: 725 Wilson Street
- Market: Santa Rosa
- Landlord: Phoenix Development Co.
- Brokers: Gary Mozer - Institutional Property Advisors
The transaction highlights the involvement of key parties, including Phoenix Development Co. as the landlord and Gary Mozer from Institutional Property Advisors acting as the broker representative in this deal, facilitating the refinance transaction for the MultiFamily asset.
On the Map
$27,800,000
MultiFamily
View full map
Santa Rosa MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Gary Mozer to view all their deals.
Browse Santa Rosa multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93