Peak Capital Partners Secures $43M Acquisition Loan For Multifamily Property In Denver, CO
FINANCED
$43,000,000
Colorado
See Similar DealsMultiFamily
Financed 06/29/2022
FINANCED
Peak Capital Partners Secures $43M Acquisition Loan For Multifamily Property In Denver, CO
17900 East 56th Avenue, Denver, Colorado 80249, United States
See Similar DealsMultiFamily
Financed 06/29/2022
Summary
COLORADO
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property located at 17900 E 56th Ave in Denver, CO has been involved in a recent loan transaction. The property consists of 150 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $43,000,000
- Lender: ACRE - Daniel Jacobs
- Landlord: Peak Capital Partners
- Loan Type: Acquisition Loan
The loan amount for the acquisition of the property was $43,000,000. ACRE, represented by Daniel Jacobs, provided the loan. The landlord of the property is Peak Capital Partners.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$43,000,000.00
Monthly NOI$286,666.67
Monthly Debt Service$271,789.25
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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