facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Single Family

/

Loan

/

3200 Retreat Court

Meridian Capital Group Arranges $10M Refinance Loan For Single Family Home In Malibu
FINANCEDSingle Family

Meridian Capital Group Arranges $10M Refinance Loan For Single Family Home In Malibu

3200 Retreat Court

$10,000,000

Building Size

Asset Type

Single Family

Closing

Dec 19, 2023

AI

The property involved in this closed transaction is a Single Family home located at 3200 Retreat Ct in Malibu. The transaction involved a loan refinance.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $10,000,000
  • Address: 3200 Retreat Ct
  • Market: Malibu

The loan for this transaction was facilitated by Meridian Capital Group, with brokers Matt Buggenhagen, Jason Labriola, and Anthony Colicino representing the parties involved in the deal. The loan amount was $10,000,000 with a 10-year term and 30-year amortization.

Players

Matt Buggenhagen

Meridian Capital Group

Broker

$184.5M

vol

34 deals

Broker

Malibu Single Family Market Snapshot

Boundary boundary · Single Family · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93