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1510 Ellsworth Industrial B...

RRA Capital Provides $3,118,248 Loan For Office Asset At 1510 Ellsworth Industrial Blvd Atlanta
FINANCEDOffice

RRA Capital Provides $3,118,248 Loan For Office Asset At 1510 Ellsworth Industrial Blvd Atlanta

1510 Ellsworth Industrial Blvd.

$3,118,248

$17/SF

Building Size

183,674 SF

Asset Type

Office

Closing

Dec 19, 2014

AI

The property asset involved in the transaction is an office located at 1510 Ellsworth Industrial Blvd. in the Atlanta market. The loan amount for this property is $3,118,248.00.

Summary of transaction details:

This transaction includes key individuals representing the interests in the deal, with Gregg Shapiro from JLL acting as the broker. The lender for this loan is RRA Capital, ensuring the financial backing for the property acquisition.

Players

Gregg Shapiro

JLL

Broker

$424.1M

vol

8 deals

Broker
RRA Capital
RRA CapitalLender
Stream Realty Partners⁠
Stream Realty Partners⁠Landlord

Atlanta Office Market Snapshot

Boundary boundary · Office · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.09%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93