Walker & Dunlop Provides $57.2M Loan For Medical Facility In Park Ridge, Bridgeview, And Elgin
FINANCED
$57,200,000
Illinois
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Financed 08/19/2022
FINANCED
Walker & Dunlop Provides $57.2M Loan For Medical Facility In Park Ridge, Bridgeview, And Elgin
1601 North Western Avenue
See Similar DealsOther
Financed 08/19/2022
Summary
ILLINOIS
Asset Type:Other
Transaction Type:Loan
A medical facility located at 1601 N Western Avenue, 8080 South Harlem Avenue, and 134 N McLean Blvd in Park Ridge, Bridgeview, and Elgin was involved in a closed transaction. The loan transaction took place on 08/19/2022.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $57,200,000
- Market: Park Ridge, Bridgeview, and Elgin
The loan was secured through Walker & Dunlop, Inc., with Joshua Rosen serving as the broker representative in the deal.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$57,200,000.00
Monthly NOI$381,333.33
Monthly Debt Service$361,542.91
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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