Housing Trust Group Secures $35.9M Construction Loan For Tallahassee Multifamily Property
FINANCED
$35,900,000
Florida
See Similar DealsMultiFamily
Financed 11/14/2022
FINANCED
Housing Trust Group Secures $35.9M Construction Loan For Tallahassee Multifamily Property
1211 East Lafayette Street, Tallahassee, Florida 32301, United States
See Similar DealsMultiFamily
Financed 11/14/2022
Summary
FLORIDA
Asset Type:MultiFamily
Transaction Type:Loan
The multifamily property at 1211 E Lafayette St in Tallahassee was recently involved in a closed transaction. The property spans across 5.8 acres and consists of 96 units.
Summary of transaction details:
- Property Type: Multifamily
- Address: 1211 E Lafayette St, Tallahassee
- Market: Tallahassee
- Units: 96
- Acres: 5.8
The loan for this transaction was provided by Chase Bank, Raymond James, and Walker & Dunlop. The loan amount was $35,900,000, and it was a construction loan. The landlord in this deal is Housing Trust Group, represented by Matthew A. Rieger.
Please note that no additional information is available regarding this transaction.
Details
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$35,900,000.00
Monthly NOI$239,333.33
Monthly Debt Service$226,912.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions