CBRE Multifamily Capital Inc Provides $405M Loan For Multifamily Portfolio In Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah
841 Regulo Place,Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California, 120 West Wilson Ave, Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California, 4801 South Citation Drive,Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California, 319 Bayshore Blvd, Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California, 680 Park Bridge Parkway,Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California, 1300 Knoll Circle Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California & 3850 Klahanie Drive SE, Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham & Issaquah,California
$405,070,000
Units
2,858
Asset Type
MultiFamily
Closing
Mar 16, 2023
AI
UBS Realty Advisors has secured a loan amount of $405,070,000 from CBRE Multifamily Capital Inc for the acquisition of a multifamily property portfolio. The portfolio is located in various cities including Chula Vista, Glendale, Delray Beach, Tampa, Alpharetta, Durham, and Issaquah. The properties consist of a total of 2,858 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $405,070,000
- Lender: CBRE Multifamily Capital Inc
- Landlord: UBS Realty Advisors
This loan transaction signifies UBS Realty Advisors' strategic move to expand its multifamily property portfolio. With the support of CBRE Multifamily Capital Inc, UBS Realty Advisors can capitalize on the potential rental income and value appreciation of the acquired properties in the respective markets.
Players
Chula Vista 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
0.04%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93