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
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