facebook
Traded Co logo
Submit

H Equities Provides $2.5M Acquisition Loan For Development Site In Washington DC

Property Image
FINANCED
$2,500,000

District Of Columbia

See Similar Deals
Development Site350,000 SF
Financed 12/30/2021
the dealplayerscompscontact
Property Image
FINANCED

H Equities Provides $2.5M Acquisition Loan For Development Site In Washington DC

1313 Alabama Avenue Southeast, Washington, District Of Columbia 20032, United States

See Similar Deals
Development Site350,000 SF
Financed 12/30/2021
the dealplayerscompscontact
Contact now

Summary

Asset Type:Development Site
Price Per Square Foot:$7
Total Square Footage:350,000 SF
Transaction Type:Loan

The development site located at 1313 Alabama Avenue in Washington DC has been involved in a complex transaction that recently closed. This site has a building square footage (BSF) of 350,000 and is owned by Standard Real Estate Investments. The transaction involved multiple sophisticated counterparties and was completed in just two weeks.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,500,000
  • Lender: H Equities - Elliot Horowitz
  • Loan Type: Acquisition

Elliot Horowitz of H Equities served as the lender in this transaction. He can be reached at [email protected], 917-748-1955, or 718-766-8818. If you or a client are in need of debt or equity, it is recommended to reach out to him for further opportunities.

Players

H Equities
H Equities
LENDER
Standard Real Estate Investments
Standard Real Estate Investments
LANDLORD

Details

FINANCED
IMAGE: Elliot Horowitz DATE: 12/30/2021 ADDRESS: 1313 Alabama Avenue MARKET: Washington DC ASSET TYPE: Development Site ~ BSF: 350,000 LENDER: H Equities - Elliot Horowitz LANDLORD: Standard Real Estate Investments LOAN AMOUNT: $2,500,000 LOAN TYPE: Acquisition NOTE FROM LENDER: This complex transaction involved multiple sophisticated counterparties & closed in 2 weeks. If you or a client are in need of debt or equity, I look forward to discussing the opportunities with you & can be reached via [email protected], 917-748-1955, or 718-766-8818.

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

$2,500,000.00

Monthly NOI$16,666.67
Monthly Debt Service$15,801.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00