Barings Provides $65M Refinance Loan For Multifamily Property In Greenwood Village, CO
5200 South Ulster Street Greenwood Village, Colorado 80111, USA
$65,000,000
Building Size
—
Asset Type
MultiFamily
Closing
May 7, 2023
AI
The multifamily property located at 5200 South Ulster Street in Greenwood Village, CO has undergone a refinancing transaction. The loan amount for this deal was $65,000,000. The lender for this transaction was Barings, while the landlord involved was Finger Cos. The property was represented by the brokers Rob Rubano, Brian Share, Max Schafer, Becca Tse, and Craig Branton from Cushman & Wakefield.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $65,000,000
- Address: 5200 South Ulster Street, Greenwood Village, CO
- Market: Greenwood Village, CO
- Lender: Barings
- Landlord: Finger Cos
- Brokers: Rob Rubano, Brian Share, Max Schafer, Becca Tse & Craig Branton - Cushman & Wakefield
- Loan Type: Refinance
The individuals and companies involved in this deal include Rob Rubano, Brian Share, Max Schafer, Becca Tse, and Craig Branton from Cushman & Wakefield, who served as the brokers representing the property. They played a crucial role in facilitating the refinancing transaction for the multifamily property located at 5200 South Ulster Street in Greenwood Village, CO.
Players
Greenwood Village 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93