Real Capital Solutions Acquires Medtronic Lafayette Campus In $188M Deal
2655 Crescent Drive Lafayette, CO 80026, USA
$188,000,000
Building Size
—
Asset Type
Life Sciences
Closing
Aug 29, 2023
AI
The Medtronic Lafayette Campus, a Life Science property located at 2655 Crescent Drive in Lafayette, CO, has been acquired by Real Capital Solutions from Ryan Companies for a sale price of $188,000,000.
Summary of transaction details:
- Property Type: Life Science
- Transaction Amount: $188,000,000
- Buyer: Marcel Arsenault - Real Capital Solutions
- Seller: Brian Murray - Ryan Companies
- Date: 08/29/2023
- Market: Lafayette, CO
The acquisition of the Medtronic Lafayette Campus by Real Capital Solutions represents a significant transaction in the Life Science market. Marcel Arsenault, representing Real Capital Solutions, successfully negotiated the purchase of the property from Brian Murray, representing Ryan Companies.
Players
Crescent Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.08%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93