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
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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