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16000 Pines BLVD, Pembroke ...

Updated Sep 5, 2024

16000 Pines BLVD
FINANCEDRetail

16000 Pines BLVD

16000 Pines BLVD, Pembroke Pines, F...

$43,700,000

Building Size

Asset Type

Retail

Closing

Nov 20, 2023

About this deal

AI

No summary available.

The retail loan at 16000 Pines BLVD, Pembroke Pines, F... in Pembroke Pines, Florida financed for $43.7M in 2024. 16000 Pines BLVD, Pembroke Pines, F... is classified as Retail on Traded. Keith Kurland, Jackson Sastri, Walker & Dunlop appear on the loan alongside Walker & Dunlop. This page is the Pembroke Pines, Florida file for the 16000 Pines BLVD, Pembroke Pines, F... retail financed: pricing, party profiles, and other closed retail comps from the same Pembroke Pines sit in the Market section below. Filter that Pembroke Pines retail set by closing date to see what else financed near 16000 Pines BLVD, Pembroke Pines, F... around 2024. Published consideration for 16000 Pines BLVD, Pembroke Pines, F... is $43.7M, dated 2024. Cite this 16000 Pines BLVD loan when underwriting similar retail product around Pembroke Pines, Florida.

Players

Jackson Sastri

Walker & Dunlop

Broker

$162.4M

vol

4 deals

Broker
Thorofare Capital
Thorofare CapitalLender

Pembroke Pines Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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