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100 Dercum Square, Keystone...

Updated Dec 21, 2023

Concord Summit Capital Secures $232.5M Construction Loan For Mixed-Use Property In Keystone, CO
FINANCEDMixed-use

Concord Summit Capital Secures $232.5M Construction Loan For Mixed-Use Property In Keystone, CO

100 Dercum Square, Keystone, Colorado 80435, United States

$232,500,000

Building Size

Asset Type

Mixed-use

Closing

Aug 28, 2022

About this deal

AI

The property asset involved in this transaction is a mixed-use property located at 100 Dercum Square Buffalo, E-1 in Keystone, CO. The asset has a KEYS identifier of 107. The transaction took place on August 29, 2022.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $232,500,000

The loan for this transaction was provided by Concord Summit Capital. The loan amount was $232,500,000 and the loan type was construction.

The mixed use loan at 100 Dercum Square, Keystone, Colorado 80435, United States in Dillon, Colorado financed for $232.5M in 2022. 100 Dercum Square, Keystone, Colorado 80435, United States is classified as Mixed Use on Traded. This page is the Dillon, Colorado file for the 100 Dercum Square, Keystone, Colorado 80435, United States mixed use financed: pricing, party profiles, and other closed mixed use comps from the same Dillon sit in the Market section below. Filter that Dillon mixed use set by closing date to see what else financed near 100 Dercum Square, Keystone, Colorado 80435, United States around 2022. Published consideration for 100 Dercum Square, Keystone, Colorado 80435, United States is $232.5M, dated 2022. Cite this Concord Summit Capital Secures $232.5M Construction Loan For Mixed-Use Property In Keystone, CO loan when underwriting similar mixed use product around Dillon, Colorado.

Players

Dillon Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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