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2749 Walnut Street

Updated Jul 7, 2025

BWE Arranges $260 Million Refinance Loan From Northwestern Mutual For Multifamily Portfolio
FINANCEDMultiFamily

BWE Arranges $260 Million Refinance Loan From Northwestern Mutual For Multifamily Portfolio

2749 Walnut Street, 2555 17th Street & 1345 Southwest 172nd Terrace

$260,000,000

Units

1,500

Asset Type

MultiFamily

Closing

Nov 14, 2024

About this deal

AI

The transaction involves a refinancing loan for a multifamily portfolio comprising six properties that total 1,500 units. The properties are located at 2749 Walnut Street in Denver, CO; 2555 17th Street in Denver, CO; and 1345 Southwest 172nd Terrace in Beaverton, OR. The loan amounted to $260,000,000 and was arranged for the purpose of refinancing the previously mentioned portfolio.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $260,000,000
  • Lender: Northwestern Mutual
  • Broker: BWE
  • Date of Loan: 11/14/2024
  • Market: Denver, CO & Beaverton, OR

BWE played a crucial role in the transaction by arranging the refinancing loan from Northwestern Mutual. This deal involved a multifamily portfolio that includes properties located in Denver, Beaverton, as well as locations in Austin and Charlotte, showcasing a diverse geographic presence.

Players

Northwestern Mutual
Northwestern Mutual Lender

Denver 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

0.06%

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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