BEB Capital Refinances Industrial Property In Shelton For $4.5M
40 Oliver Terrace, Shelton, Connecticut 06484, United States
$4,500,000
$41/SF
Building Size
108,750 SF
Asset Type
Industrial
Closing
Aug 31, 2022
AI
A refinance loan has been secured for an industrial property located at 40 Oliver Terrace in Shelton, CT. The property, measuring approximately 108,750 square feet, is part of the industrial asset type. The loan transaction was facilitated by BEB Capital, with Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook representing the lender.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Address: 40 Oliver Terrace
- Market: Shelton, CT
- Lender: BEB Capital
- Lender's Representatives: Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook
- Loan Type: Refinance
The refinance loan for the industrial property at 40 Oliver Terrace in Shelton, CT was secured through the involvement of BEB Capital. Lee Brodsky, Keyvan Ghaytanchi, and Sean Silverbrook acted as the representatives for the lender, ensuring the successful completion of the transaction.
Players
Shelton Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93