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RHP Properties Secures $830 Million Refinance Loan From Wells Fargo For 8,340 Unit Multifamily Asset
FINANCEDMultiFamily

RHP Properties Secures $830 Million Refinance Loan From Wells Fargo For 8,340 Unit Multifamily Asset

$830,000,000

Building Size

Asset Type

MultiFamily

Closing

Mar 30, 2026

AI

The asset involved is a multifamily property located in Denver, CO, comprising a total of 8,340 units. The loan amount is $830,000,000 and is a refinance type loan processed through Wells Fargo, indicating significant financial backing for the landlord involved.

Summary of transaction details:

This transaction involves a collaboration of multiple representatives from Newmark, including Jordan Roeschlaub, Nick Scribani, Chris Lozinak, Samuel Speciale, Capri Van Gilder, Stavros Giannakopoulos, and Aaron Golesorkhi, each contributing to the negotiation and facilitation of this refinancing deal for RHP Properties.

Players

Nick Scribani

Newmark

Broker

$55.4B

vol

195 deals

Broker
Wells Fargo
Wells FargoLender

Market 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

0.02%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93