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8000 Northwest 27th Bouleva...

Updated Oct 28, 2024

Dwight Capital Provides $94M Loan For Senior Facility In Gainesville
FINANCEDOther

Dwight Capital Provides $94M Loan For Senior Facility In Gainesville

8000 Northwest 27th Boulevard, Gainesville, FL, USA

$94,000,000

$20/SF

Building Size

4,530,240 SF

Asset Type

Other

Closing

May 6, 2021

About this deal

AI

Located at 8000 NW 27th Boulevard in Gainesville, this senior facility was recently involved in a closed transaction. The deal was facilitated by Dwight Capital's Josh Sasouness and Avi Lifshitz, representing the lender, and Troy Hart, representing the landlord, SanteFe Senior Living. The transaction took place on May 7, 2021.

Summary of transaction details:

  • Property Type: Senior Facility
  • Transaction Amount: $94,000,000
  • Address: 8000 NW 27th Boulevard, Gainesville
  • Market: Gainesville
  • Lender: Dwight Capital - Josh Sasouness & Avi Lifshitz
  • Landlord: SanteFe Senior Living - Troy Hart
  • Acres: 104

This transaction involved a significant loan amount of $94,000,000. The senior facility spans across 104 acres and is located at 8000 NW 27th Boulevard in Gainesville. The lender, Dwight Capital, was represented by Josh Sasouness and Avi Lifshitz, while Troy Hart served as the landlord's representative for SanteFe Senior Living.

Players

Dwight Capital
Dwight CapitalLender

Gainesville Other Market Snapshot

Boundary boundary · Other · Loan transactions

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Deal FAQ

About $20 per square foot on a published $94M for 4,530,240 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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