Annaly Capital Management Inc. Provides $71.55M Loan For Industrial Property In Wood Dale, IL
FINANCED
$71,550,000
Illinois
See Similar DealsIndustrial196,000 SF
Financed 04/07/2021
FINANCED
Annaly Capital Management Inc. Provides $71.55M Loan For Industrial Property In Wood Dale, IL
341 Haynes Drive, Wood Dale, IL, USA
See Similar DealsIndustrial196,000 SF
Financed 04/07/2021
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$365
Total Square Footage:196,000 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$71,550,000.00
Monthly NOI$477,000.00
Monthly Debt Service$452,244.67
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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