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Summary
Transaction Type:Sale
Located at 106 Spring Street in SoHo, the retail property involved in the transaction was refinanced for a total loan amount of $27,700,000 secured by ABP Capital. The property is owned by Paceline Equity Partners.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $27,700,000
- Lender: ABP Capital
- Landlord: Paceline Equity Partners
- Brokers: Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Daniel Fromm, Tim Polglase - Newmark
The deal was facilitated by the team of brokers consisting of Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Daniel Fromm, and Tim Polglase from Newmark. The refinancing transaction highlights the collaborative effort of these key individuals and companies.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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