Symetra Provides $4.55M Loan For Industrial Property At 127 Park Avenue In East Hartford, CT
FINANCED
$4,550,000
Connecticut
See Similar DealsIndustrial151,628 SF
Financed 11/20/2020
FINANCED
Symetra Provides $4.55M Loan For Industrial Property At 127 Park Avenue In East Hartford, CT
127 Park Avenue, East Hartford, CT, USA
See Similar DealsIndustrial151,628 SF
Financed 11/20/2020
Summary
CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$30
Total Square Footage:151,628 SF
Transaction Type:Loan
The industrial property located at 127 Park Avenue in East Hartford, CT has recently undergone a loan transaction. The property spans across 157,267 square feet and is owned by ND XXXI LLC. The loan, provided by Symetra, amounts to $4,550,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,550,000
- Address: 127 Park Avenue, East Hartford, CT
- Market: East Hartford, CT
- Asset Type: Industrial
The loan transaction for the property at 127 Park Avenue was facilitated by CBRE brokers Donna Falzarano and James Gunning. They represented the involved parties throughout the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,550,000.00
Monthly NOI$30,333.33
Monthly Debt Service$28,759.10
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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