Updated Oct 29, 2024
Annaly Capital Management Inc. Provides $71.55M Loan For Industrial Property In Wood Dale, IL
341 Haynes Drive, Wood Dale, IL, USA
$71,550,000
$365/SF
Building Size
196,000 SF
Asset Type
Industrial
Closing
Apr 6, 2021
About this deal
AI
Annaly Capital Management Inc., represented by David L. Finkelstein and Serena Wolfe, provided a loan of $71,550,000 for the industrial property located at 341 Haynes Drive and 711 North Edgewood Ave in Wood Dale, IL. The property has a total square footage of 196,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $71,550,000
- Address: 341 Haynes Drive & 711 North Edgewood Ave, Wood Dale, IL
- Market: Wood Dale, IL
- Lender: Annaly Capital Management Inc. - David L. Finkelstein & Serena Wolfe
- Square Footage: 196,000
David L. Finkelstein and Serena Wolfe, representing Annaly Capital Management Inc., played a key role in facilitating this loan for the industrial property in Wood Dale, IL.
On the Map
$71,550,000
$365/SF
Industrial
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Players
Wood Dale Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93