Mesa West Capital Provides $139.9M Loan For Multifamily Property In Broomfield, CO
FINANCED
$139,900,000
Colorado
See Similar DealsMultiFamily
Financed 08/23/2022
FINANCED
Mesa West Capital Provides $139.9M Loan For Multifamily Property In Broomfield, CO
13620 Via Varra, Broomfield, Colorado 80020, United States
See Similar DealsMultiFamily
Financed 08/23/2022
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$139,900,000.00
Monthly NOI$932,666.67
Monthly Debt Service$884,263.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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