BA Investment Advisors Acquires $40M Office Property In Rosemont
9550 West Higgins Road, Rosemont, Illinois 60018, United States
$40,000,000
Building Size
—
Asset Type
Office
Closing
Aug 31, 2022
About this deal
AI
BA Investment Advisors, represented by Larry Elbaum and Jeff Bernstein, is under contract to purchase an office property located at 9550 West Higgins Road in Rosemont. The transaction is valued at $40,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $40,000,000
- Address: 9550 West Higgins Road, Rosemont
- Market: Rosemont
Larry Elbaum and Jeff Bernstein from BA Investment Advisors are leading the acquisition of this office property. This deal represents a significant investment opportunity for them in the Rosemont market.
On the Map
$40,000,000
Office
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Players
Rosemont Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93