FINANCED
BEB Capital Provides $4.5M Refinance Loan For Industrial Property In Shelton, CT
40 Oliver Terrace
Building Size
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Asset Type
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Closing
Sep 1, 2022
AI
The industrial property located at 40 Oliver Terrace in Shelton, CT has undergone a refinancing transaction. The property spans 108,750 square feet and is part of the industrial asset class.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,500,000
BEB Capital, represented by Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook, served as the lender for this refinancing deal.
Players
Shelton CRE Market Snapshot
Boundary boundary · CRE · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93