Enhanced Capital Provides $82M Loan For Mixed-Use Property In Aurora
506-532 South Lincoln Avenue, Aurora, IL, USA
$82,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Dec 23, 2020
About this deal
AI
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.
On the Map
$82,000,000
Mixed-use
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Players
Aurora 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
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93