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27177 Mission Boulevard, Ha...

Madison Realty Capital Provides $77M Loan For Hayward & Sunnyvale Townhomes
FINANCEDOther

Madison Realty Capital Provides $77M Loan For Hayward & Sunnyvale Townhomes

27177 Mission Boulevard, Hayward, California 94544, United States

$77,000,000

Building Size

Asset Type

Other

Closing

Apr 10, 2022

AI

The townhomes located at 27177 & 27283 Mission Blvd & 166-176 E. Fremont Avenue in Hayward and Sunnyvale, California were involved in a recent closed transaction. The loan and acquisition deal was facilitated by Madison Realty Capital and The True Life Companies, with Josh Zegen representing Madison Realty Capital as the lender and Scott Clark representing The True Life Companies as the landlord.

Summary of transaction details

  • Property Type: Townhomes
  • Transaction Amount: $77,000,000
  • Address: 27177 & 27283 Mission Blvd & 166-176 E. Fremont Avenue
  • Market: Hayward & Sunnyvale, California

In addition to the key individuals and companies mentioned above, the deal also involved the expertise of Gary Mozer, Miles Musalman, and Evan Kinne from George Smith Partners as brokers. They played a crucial role in facilitating the acquisition and construction loan, ensuring a successful transaction for all parties involved.

Players

Gary Mozer

Institutional Property Advisors

Broker

$171.8M

vol

3 deals

Broker
Madison Realty Capital
Madison Realty CapitalLender

Scott Clark

The True Life Companies

Landlord

$184M

vol

3 deals

Landlord

Hayward Other Market Snapshot

Boundary boundary · Other · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93