RRA Capital Provides $11.61M Loan For Office Asset At 3100 Breckinridge Blvd In Duluth
FINANCED
$11,613,000
Georgia
See Similar DealsOffice188,608 SF
Financed 05/25/2017
FINANCED
RRA Capital Provides $11.61M Loan For Office Asset At 3100 Breckinridge Blvd In Duluth
3100 Breckinridge Blvd
See Similar DealsOffice188,608 SF
Financed 05/25/2017
Summary
GEORGIA
Asset Type:Office
Price Per Square Foot:$61
Total Square Footage:188,608 SF
Transaction Type:Loan
The transaction involves an office asset located at 3100 Breckinridge Blvd in Duluth. The loan amount associated with this property is $11,613,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $11,613,000.00
- Market: Duluth
- Lender: RRA Capital
- Broker: C.J. Kelly - JLL
- Loan Date: 05/25/2017
C.J. Kelly, representing the lender RRA Capital, was instrumental in facilitating the loan transaction for the office property located at 3100 Breckinridge Blvd.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,613,000.00
Monthly NOI$77,420.00
Monthly Debt Service$73,402.06
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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