facebook
Traded Co logo
Submit

Goldman Sachs Urban Investment Group Secures $105M Loan In Washington

Property Image
FINANCED
$105,000,000

Dc

See Similar Deals
Office
Financed 05/06/2021
the dealplayerscompscontact
Property Image
FINANCED

Goldman Sachs Urban Investment Group Secures $105M Loan In Washington

322 40th St NE, Washington, DC, 20019

See Similar Deals
Office
Financed 05/06/2021
Contact now

Summary

Asset Type:Office
Transaction Type:Loan

The property asset involved in the deal is an Office located at 322 40th St NE, Washington, DC, 20019. The transaction, which took place in Washington, involved a loan amount of $105,000,000.00 secured for the property by the borrower, Goldman Sachs Urban Investment Group, from the lender, J.P. Morgan Chase & Company.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $105,000,000.00
  • Address: 322 40th St NE, Washington, DC, 20019
  • Market: Washington
  • Borrower's Representative: Nicco Lupo(JLL), Roland Merchant, Jr(CBRE), Thomas Pryor(JLL)
  • Borrower: Goldman Sachs Urban Investment Group
  • Lender: J.P. Morgan Chase & Company

The deal involved key individuals and companies such as the borrower's representatives Nicco Lupo from JLL, Roland Merchant, Jr from CBRE, and Thomas Pryor from JLL. The borrower in this transaction was the Goldman Sachs Urban Investment Group, securing a loan from the lender, J.P. Morgan Chase & Company.

Players

Thomas Pryor
5 deals$371M volume
BROKER

Nicco Lupo
JLL
47 deals$9B volume
BROKER

Roland Merchant, Jr
CBRE
5 deals$435M volume(917) 328-3380
BROKER

J.P. Morgan Chase
LENDER

Details

FINANCED
IMAGE: 05/06/2021 ADDRESS: 322 40th St NE, Washington, DC, 20019 MARKET: Washington ASSET TYPE: Office BORROWER'S REP: Nicco Lupo(JLL), Roland Merchant, Jr(CBRE), Thomas Pryor(JLL) BORROWER: Goldman Sachs Urban Investment Group LENDER: J.P. Morgan Chase & Company LOAN AMOUNT: $105,000,000.00

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
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$105,000,000.00

Monthly NOI$700,000.00
Monthly Debt Service$663,671.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00