RRA Capital Provides $5.22M Loan For Office Asset At 3200 Breckinridge Blvd Duluth
FINANCED
$5,218,396
Georgia
See Similar DealsOffice91,326 SF
Financed 11/16/2015
FINANCED
RRA Capital Provides $5.22M Loan For Office Asset At 3200 Breckinridge Blvd Duluth
3200 Breckinridge Blvd.
See Similar DealsOffice91,326 SF
Financed 11/16/2015
Summary
GEORGIA
Asset Type:Office
Price Per Square Foot:$57
Total Square Footage:91,326 SF
Transaction Type:Loan
The asset involved in this transaction is an office property located at 3200 Breckinridge Blvd. in the Duluth market. The loan amount secured for this property is $5,218,396.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,218,396.00
- Loan Date: 11/16/2015
- Lender: RRA Capital
- Brokers: Jeremy Nussbaum - Walker & Dunlop
This transaction involves Jeremy Nussbaum representing Walker & Dunlop, acting as the broker in the loan arrangement for the office property. The lender facilitating the transaction is RRA Capital.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$5,218,396.00
Monthly NOI$34,789.31
Monthly Debt Service$32,983.81
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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