Updated Dec 4, 2024
Henry Kravis Acquires Office Building In San Francisco With $600M Loan
1800 Owens Street
$600,000,000
$800/SF
Building Size
750,000 SF
Asset Type
Office
Closing
Mar 30, 2021
About this deal
AI
Summary of transation details
- Property Type: Office
- Transaction Amount: $600,000,000
- Address: 1800 Owens St.
- Market: San Francisco
- Square Footage: 750,000
Henry Kravis of KKR acted as the landlord in this transaction. The loan was provided by Goldman Sachs and JPMorgan Chase. The key individuals involved in the deal include Henry Kravis representing KKR. The date of the transaction was on March 30, 2021.
The office loan at 1800 Owens Street in San Francisco, California financed for $600M in 2021. The building is 750,000 square feet, implying about 800 per square foot on the published price. Named participants on the 1800 Owens Street loan are Henry Kravis. This page is the San Francisco, California file for the 1800 Owens Street office financed: pricing, party profiles, and other closed office comps from the same San Francisco sit in the Market section below. Filter that San Francisco office set by closing date to see what else financed near 1800 Owens Street around 2021. Published consideration for 1800 Owens Street is $600M, dated 2021. Cite this Henry Kravis Acquires Office Building In San Francisco With $600M Loan loan when underwriting similar office product around San Francisco, California.
Players
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Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93