Webster Bank National Association Provides $32.1M Loan For 1951 N Powerline Rd, Pompano Beach
FINANCED
$32,100,000
Florida
See Similar DealsFINANCED
Webster Bank National Association Provides $32.1M Loan For 1951 N Powerline Rd, Pompano Beach
1951 N Powerline Rd, Pompano Beach...
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FLORIDA
Transaction Type:Loan
The property located at 1951 N Powerline Rd in Pompano Beach involved in the transaction boasts a loan amount of $32,100,000.00. The borrower's representative in this deal was Steve Roth from CBRE.
Summary of transaction details:
- Property Type: Not specified
- Transaction Amount: $32,100,000.00
- Address: 1951 N Powerline Rd, Pompano Beach
- Market: Pompano Beach
- Lender: Webster Bank National Association
- Borrower's Rep: Steve Roth (CBRE)
The key individuals and companies involved in the transaction include Steve Roth representing the borrower, and the lending institution Webster Bank National Association.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$32,100,000.00
Monthly NOI$214,000.00
Monthly Debt Service$202,893.84
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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