Noam Temchin Of FM Capital Closes $6M Permanent Loan In Lauderhill
4200 Northwest 16th Street
$6,000,000
$74/SF
Building Size
80,270 SF
Asset Type
Office
Closing
Mar 14, 2024
AI
The office property located at 4200 Northwest 16th Street in Lauderhill spans 80,270 square feet. The recent transaction involved a permanent loan amounting to $6,000,000. The lender's representative for this deal was Noam Temchin from FM Capital.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,000,000
- Address: 4200 Northwest 16th Street
- Market: Lauderhill
- Lender's Rep: Noam Temchin - FM Capital
- Asset Type: Office
- Square Footage: 80,270 SF
No additional unique details regarding the individuals or companies involved in this transaction were provided in the context.
Players
Lauderhill Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93