Updated Feb 4, 2025
RRA Capital Provides $7.42 Million Loan For Office Property At 100 Howe Ave Sacramento
100 Howe Ave.
$7,420,000
Building Size
—
Asset Type
Office
Closing
Nov 14, 2017
About this deal
AI
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.
On the Map
$7,420,000
Office
View full map
Players
Sacramento Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93