Verus Commercial Real Estate Finance Provides $10M Refinance Loan For Industrial Property In South Windsor, CT
FINANCED
$10,000,000
Connecticut
See Similar DealsIndustrial250,000 SF
Financed 05/27/2022
FINANCED
Verus Commercial Real Estate Finance Provides $10M Refinance Loan For Industrial Property In South Windsor, CT
1640 John Fitch Boulevard, South Windsor, Connecticut 06074, United States
See Similar DealsIndustrial250,000 SF
Financed 05/27/2022
Summary
CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$40
Total Square Footage:250,000 SF
Transaction Type:Loan
An industrial property located at 1640 John Fitch Blvd. in South Windsor, CT has recently undergone a $10,000,000 refinance loan transaction. The property spans approximately 250,000 square feet and is situated in the South Windsor market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $10,000,000
- Lender: Verus Commercial Real Estate Finance
- Lender's Representative: Anthony Iervolino - Verus Commercial Real Estate Finance
Anthony Iervolino, the Executive Managing Director at Verus Commercial Real Estate Finance, facilitated this loan transaction. For further inquiries or details, Anthony can be reached at [email protected] or 917-554-5608.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,000,000.00
Monthly NOI$66,666.67
Monthly Debt Service$63,206.80
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions