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277 Rue Saint Honoré, 75008...

Updated Dec 19, 2023

Goldman Sachs Acquires Mixed-use Property In Paris For $119M
SOLDMixed-use

Goldman Sachs Acquires Mixed-use Property In Paris For $119M

277 Rue Saint Honoré, 75008 Paris

$119,000,000

Building Size

Asset Type

Mixed-use

Closing

Jan 8, 2020

About this deal

AI

The property involved in this transaction is located at 277 Rue Saint-Honoré, 75008 Paris, France. It is a mixed-use asset in the sector of Paris, France. The purchase price for this property was $119,000,000.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $119,000,000
  • Date: 01/08/2021
  • Purchaser: Goldman Sachs - David Solomon

Goldman Sachs, represented by David Solomon, was the purchaser in this transaction.

The mixed use sale at 277 Rue Saint Honoré, 75008 Paris in Paris, Ile-de-France sold for $119M in 2020. 277 Rue Saint Honoré, 75008 Paris is classified as Mixed Use on Traded. This page is the Paris, Ile-de-France file for the 277 Rue Saint Honoré, 75008 Paris mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Paris sit in the Market section below. Filter that Paris mixed use set by closing date to see what else sold near 277 Rue Saint Honoré, 75008 Paris around 2020. Published consideration for 277 Rue Saint Honoré, 75008 Paris is $119M, dated 2020. Cite this Goldman Sachs Acquires Mixed-use Property In Paris For $119M sale when underwriting similar mixed use product around Paris, Ile-de-France.

Players

Paris Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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