Greystone Servicing Provides $53.3M Loan For Coral Springs Townhouse Complex
FINANCED
$53,300,000
Florida
See Similar DealsOther44,739 SF
Financed 08/30/2021
FINANCED
Greystone Servicing Provides $53.3M Loan For Coral Springs Townhouse Complex
3400 Coral Springs Drive, Coral Springs, FL, USA
See Similar DealsOther44,739 SF
Financed 08/30/2021
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$1,191
Total Square Footage:44,739 SF
Transaction Type:Loan
The townhouse located at 3400 Coral Springs Drive in Coral Springs has recently undergone a loan transaction. The lender, greystone''>Greystone Servicing Company, provided a loan amount of $53,300,000 for this property. The townhouse is situated on approximately 6.7 acres of land.
Summary of transation details
- Property Type: Townhouse
- Transaction Amount: $53,300,000
- Address: 3400 Coral Springs Drive
- Market: Coral Springs
- Lender: Greystone Servicing Company
- Loan Amount: $53,300,000
- Acres: 6.7
The townhouse is owned by Atrium Square LLC, represented by Krishna Persaud. This loan transaction highlights the financial support provided by Greystone Servicing Company to Atrium Square LLC, enabling them to further invest in the property.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$53,300,000.00
Monthly NOI$355,333.33
Monthly Debt Service$336,892.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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