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.
Players
Atlanta CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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