facebook

traded

+ Submit
Home

/

Deals

/

Georgia

/

Multifamily

/

Loan

/

8800 Dunwoody Place, Sandy ...

S2 Capital Secures $54.8M Acquisition Financing For Atlanta Multifamily Property
FINANCEDMultiFamily

S2 Capital Secures $54.8M Acquisition Financing For Atlanta Multifamily Property

8800 Dunwoody Place, Sandy Springs, Georgia 30350, United States

$54,800,000

Building Size

Asset Type

MultiFamily

Closing

Dec 16, 2022

AI

The multifamily property located at 8800 Dunwoody Place in Atlanta, GA has undergone a closed transaction. The deal involved acquisition financing provided by Acore Capital to the buyer, S2 Capital. The loan amount for this transaction was $54,800,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $54,800,000
  • Lender: Acore Capital
  • Landlord: S2 Capital
  • Broker: Lauren Bresky - Northmarq
  • Loan Type: Acquisition financing

Lauren Bresky from Northmarq represented the buyer, S2 Capital, in this transaction. The involvement of Northmarq as the broker showcases their expertise in facilitating multifamily deals in the Atlanta market.

Players

Lauren Bresky

NorthMarq

Broker

$105.3M

vol

8 deals

Broker
S2 Capital
S2 CapitalLandlord

Atlanta 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

0.29%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93