JLL Provides $172.9M Multifamily Loan In Pooler, GA; West Los Angeles, Sacramento, Escondido, San Marcos, California; Boise, ID; Portland, OR
2200 Old Quacco Rd, Pooler, GA, USA
$172,900,000
$110,833/SF
Building Size
1,560 SF
Asset Type
MultiFamily
Closing
Jan 28, 2021
AI
The multifamily property located at 2200 Old Quacco Rd in Pooler, GA; West Los Angeles, Sacramento, Escondido, San Marcos, California; Boise, ID; and Portland, OR was involved in a closed transaction on January 29, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Date: 01/29/2021
- Address: 2200 Old Quacco Rd
- Market: Pooler, GA; West Los Angeles, Sacramento, Escondido, San Marcos, California; Boise, ID; Portland, OR
The lender for this transaction was JLL, specifically Fannie Mae, providing a loan amount of $172,900,000. The loan terms consisted of 14 uncrossed loans with 10-year and 12-year fixed terms. Marc Schillinger, Keith Rosso, and Eric Boucher from JLL served as the brokers in this transaction.
Players
Pooler MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93