Mesa West Capital Provides $139.9M Loan For Multifamily Property In Broomfield, CO
13620 Via Varra, Broomfield, Colorado 80020, United States
$139,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 22, 2022
AI
The multifamily property located at 13620 Via Varra in Broomfield, CO has recently been involved in a loan transaction. The property consists of 386 units and is owned by Sares Regis Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $139,900,000
- Loan Terms: Five-year, floating-rate loan
Mesa West Capital, represented by Josh Westerberg, provided the loan for this transaction. Brian Torp from JLL acted as the broker.
Players
Broomfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93