Sean Truesdale Of Alpha Capital CRE Secures $8 Million Refinance Loan For South Loop Mixed-Use Property
$8,000,000
$160/SF
Building Size
50,000 SF
Asset Type
Mixed-use
Closing
Feb 14, 2025
About this deal
AI
A mixed-use property located in the South Loop market has been refinanced for a total loan amount of $8,000,000. This asset encompasses a total of 50,000 square feet.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,000,000
- Loan Type: Refinance
- Date of Transaction: 02/14/2025
- Broker: Sean Truesdale - Alpha Capital CRE
Sean Truesdale from Alpha Capital CRE represented the refinancing of this mixed-use property, showcasing his role in facilitating the transaction within the South Loop market.
Sean Truesdale Of Alpha Capital CRE Secures $8 Million Refinance Loan For South Loop Mixed-Use Property is logged as a mixed use loan on Traded (2025). The building is 50,000 square feet, implying about 160 per square foot on the published price. Sean Truesdale, Alpha Capital appear on the loan alongside Alpha Capital. This page is the market file for the Sean Truesdale Of Alpha Capital CRE Secures $8 Million Refinance Loan For South Loop Mixed-Use Property mixed use financed: pricing, party profiles, and other closed mixed use comps from the same area sit in the Market section below. Cite this Sean Truesdale Of Alpha Capital CRE Secures $8 Million Refinance Loan For South Loop Mixed-Use Property loan when underwriting similar mixed use product.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93