Updated Jul 7, 2025
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
Denver MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Deal FAQ
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