Fantini & Gorga Arranges $17.25M Refinance Loan For Self Storage Property In Darien, CT
FINANCED
$17,250,000
Connecticut
See Similar DealsSelf Storage14,569 SF
Financed 09/17/2021
FINANCED
Fantini & Gorga Arranges $17.25M Refinance Loan For Self Storage Property In Darien, CT
131 Hollow Tree Ridge Road
See Similar DealsSelf Storage14,569 SF
Financed 09/17/2021
Summary
CONNECTICUT
Asset Type:Self Storage
Price Per Square Foot:$1,184
Total Square Footage:14,569 SF
Transaction Type:Loan
A self-storage property located at 131 Hollow Tree Ridge Road in Darien, CT has recently undergone a refinancing transaction. The property spans across 3.6 acres and was represented by Casimir Groblewski from Fantini & Gorga. The loan amount for this transaction was $17,250,000.
Summary of transaction details
- Property Type: Self Storage
- Transaction Amount: $17,250,000
- Address: 131 Hollow Tree Ridge Road
- Market: Darien, CT
- Broker: Casimir Groblewski - Fantini & Gorga
The refinancing deal for the self-storage property on Hollow Tree Ridge Road was successfully facilitated by Casimir Groblewski from Fantini & Gorga. No additional information is available regarding this transaction.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$17,250,000.00
Monthly NOI$115,000.00
Monthly Debt Service$109,031.73
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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