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RRA Capital Provides $7.42 Million Loan For Office Property At 100 Howe Ave Sacramento

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FINANCED
$7,420,000

California

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Office
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FINANCED

RRA Capital Provides $7.42 Million Loan For Office Property At 100 Howe Ave Sacramento

100 Howe Ave.

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Office
Financed
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Transaction Type:Loan

The property asset involved in the transaction is an office located at 100 Howe Ave., Sacramento. The loan amount secured for this property was $7,420,000.00, facilitated by RRA Capital as the lender.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $7,420,000.00
  • Address: 100 Howe Ave.
  • Market: Sacramento
  • Lender: RRA Capital
  • Broker: Ken Karmolinski
  • Loan Date: 11/14/2017

Ken Karmolinski is the broker representing the terms of this loan agreement, highlighting his role in bringing together the involved parties for this transaction. The participation of RRA Capital as the lender signifies the financing structure that supported this office property deal.

Players

Palmer Capital
Palmer Capital
BROKERAGE
RRA Capital
RRA Capital
LENDER

Details

FINANCED
IMAGE: 11/14/2017 ADDRESS: 100 Howe Ave. MARKET: Sacramento ASSET TYPE: Office BROKERS: Ken Karmolinski() LENDER: RRA Capital LOAN AMOUNT: $7,420,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,420,000.00

Monthly NOI$49,466.67
Monthly Debt Service$46,899.45
Change in Cash Flow$0.00
Refinance Proceeds$0.00