facebook

traded

+ Submit
Home

/

Deals

/

Georgia

/

Industrial

/

Loan

/

2525 Pio Nono Avenue

RRA Capital Provides $11.56M Loan For Industrial Property At 2525 Pio Nono Avenue In Macon
FINANCEDIndustrial

RRA Capital Provides $11.56M Loan For Industrial Property At 2525 Pio Nono Avenue In Macon

2525 Pio Nono Avenue

$11,560,000

$896/SF

Building Size

12,900 SF

Asset Type

Industrial

Closing

Aug 23, 2021

AI

The property asset involved in the transaction is located at 2525 Pio Nono Avenue, Macon. The asset is classified as an industrial type, with a loan amount of $11,560,000.00. The transaction took place on August 23, 2021.

Summary of transaction details:

The key individuals and companies involved in the deal include Max Kra, who represented the brokerage Ackman-Ziff in this transaction facilitated by RRA Capital as the lender. This collaboration illustrates the roles played by each party in concluding the loan arrangement for the industrial property.

Players

Max Kra

Ackman-Ziff

Broker

$214.3M

vol

6 deals

Broker
RRA Capital
RRA CapitalLender
Ultimate Realty
Ultimate RealtyLandlord

Macon Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.37%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93