Walker & Dunlop Provides $57.2M Loan For Medical Facility In Park Ridge, Bridgeview, And Elgin
1601 North Western Avenue
$57,200,000
Building Size
—
Asset Type
Other
Closing
Aug 19, 2022
About this deal
AI
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.
The other loan at 1601 North Western Avenue in Park Ridge, Illinois financed for $57.2M in 2022. 1601 North Western Avenue is classified as Other on Traded. Joshua Rosen, Walker & Dunlop appear on the loan alongside Walker & Dunlop. This page is the Park Ridge, Illinois file for the 1601 North Western Avenue other financed: pricing, party profiles, and other closed other comps from the same Park Ridge sit in the Market section below. Filter that Park Ridge other set by closing date to see what else financed near 1601 North Western Avenue around 2022. Published consideration for 1601 North Western Avenue is $57.2M, dated 2022. Cite this Walker & Dunlop Provides $57.2M Loan For Medical Facility In Park Ridge, Bridgeview, And Elgin loan when underwriting similar other product around Park Ridge, Illinois.
Players
Park Ridge Other Market Snapshot
Boundary boundary · Other · Loan transactions
Loading comparables…
Deal FAQ
Browse Park Ridge other loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93