Enhanced Capital Provides $82M Loan For Mixed-Use Property In Aurora
FINANCED
$82,000,000
Illinois
See Similar DealsMixed-use
Financed 12/24/2020
FINANCED
Enhanced Capital Provides $82M Loan For Mixed-Use Property In Aurora
506-532 South Lincoln Avenue, Aurora, IL, USA
See Similar DealsMixed-use
Financed 12/24/2020
Summary
ILLINOIS
Asset Type:Mixed-use
Transaction Type:Loan
A mixed-use property located at 506-532 South Lincoln Avenue in Aurora has been involved in a recent closed transaction. The property spans 9 acres and is situated in the market of Aurora.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $82,000,000
- Address: 506-532 South Lincoln Avenue
- Market: Aurora
- Acres: 9
The loan for this transaction was provided by Enhanced Capital. The landlord of the property is Fox Valley Developers. The broker representing the deal is Jack Cortese from D2 Capital Advisors.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$82,000,000.00
Monthly NOI$546,666.67
Monthly Debt Service$518,295.78
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions