Deutsche Bank Provides $5.5 Million Refinance Loan For Office In Arlington Heights
3030 West Salt Creek Lane
$5,500,000
$54/SF
Building Size
101,321 SF
Asset Type
Office
Closing
Jul 17, 2025
AI
The asset involved in this transaction is an office property located at 3030 West Salt Creek Lane in Arlington Heights. The asset is sizeable, with a total square footage of 101,321. This transaction pertains to a refinance loan amounting to $5,500,000 with a term of 5 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,500,000
- Loan Type: Refinance
- Loan Terms: 5 year term
- Lender: Deutsche Bank
- Broker: Anthony Longo - Alpha Capital
The key individuals involved in this transaction include the lender Deutsche Bank and the broker representative for the deal, Anthony Longo from Alpha Capital, who facilitated the financing for this office property refinance.
Players
Arlington Heights Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93