facebook
Traded Co logo
Submit

District Of Columbia Housing Finance Agency Provides $30M Loan For Multifamily Property On Georgia Ave NW

Property Image
FINANCED
$30,000,000

District Of Columbia

See Similar Deals
MultiFamily
Financed 07/12/2022
the dealplayerscompscontact
Property Image
FINANCED

District Of Columbia Housing Finance Agency Provides $30M Loan For Multifamily Property On Georgia Ave NW

7434 Georgia Avenue Northwest, Washington, District Of Columbia 20012, United States

See Similar Deals
MultiFamily
Financed 07/12/2022
Contact now

Summary

Asset Type:MultiFamily
Transaction Type:Loan

The multifamily property located at 7428-7434 Georgia Ave NW in Washington, DC has been involved in a recent loan transaction. The lender, District of Columbia Housing Finance Agency, provided a loan amount of $30,000,000. The property is owned by the 7428-7434 Georgia Avenue Tenants Association.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $30,000,000
  • Address: 7428-7434 Georgia Ave NW, Washington, DC
  • Market: Washington, DC
  • Lender: District of Columbia Housing Finance Agency
  • Landlord: 7428-7434 Georgia Avenue Tenants Association

The loan transaction involving the multifamily property at 7428-7434 Georgia Ave NW was facilitated by the District of Columbia Housing Finance Agency as the lender. The property is owned by the 7428-7434 Georgia Avenue Tenants Association, who acted as the landlord in this deal.

Players

LENDER

Details

FINANCED
IMAGE: 07/12/2022 ADDRESS: 7428-7434 Georgia Ave NW MARKET: Washington, DC ASSET TYPE: Multifamily LENDER: District of Columbia Housing Finance Agency LANDLORD: 7428-7434 Georgia Avenue Tenants Association LOAN AMOUNT: $30,000,000

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

$30,000,000.00

Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00