Updated Dec 21, 2023
Tokoro Capital Acquires Office Building In Paris For €30M
86 Rue De Courcelles, 75008 Paris, France
Building Size
—
Asset Type
Office
Closing
Nov 30, 2020
About this deal
AI
An office property located at 86 Rue de Courcelles 75008 in Paris, France was recently sold for €30,000,000. The transaction took place on 12/01/2020. The property is situated in the sector of Paris.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: €30,000,000
- Vendor: Angelo Gordon & S2i Partners
- Purchaser: Tokoro Capital - Max Bassadone
Tokoro Capital - Max Bassadone acquired the property from vendors Angelo Gordon & S2i Partners. This deal involved the purchase of an office asset in Paris, France. The property is situated at 86 Rue de Courcelles 75008. The deal was finalized on 12/01/2020.
Players
Paris Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93