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Updated Dec 4, 2024

Acore Capital Provides $54.8M Loan For 8800 Dunwoody Place Multifamily Acquisition
SOLD

Acore Capital Provides $54.8M Loan For 8800 Dunwoody Place Multifamily Acquisition

Atlanta

Building Size

—

Asset Type

—

Closing

Dec 16, 2022

About this deal

AI

The multifamily property located at 8800 Dunwoody Place in Atlanta, GA was involved in a recent transaction. The loan amount for this acquisition financing was $54,800,000. Acore Capital provided the financing for this property, which is owned by S2 Capital. The broker facilitating this deal was Lauren Bresky from Northmarq.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $54,800,000
  • Address: 8800 Dunwoody Place
  • Market: Atlanta, GA
  • Lender: Acore Capital
  • Landlord: S2 Capital
  • Broker: Lauren Bresky - Northmarq
  • Loan Type: Acquisition financing

Notable individuals and companies involved in this transaction include Acore Capital as the lender, S2 Capital as the property owner, and Lauren Bresky from Northmarq as the broker representing the deal.

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Players

S2 Capital
S2 CapitalLandlord

Atlanta CRE Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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