Our Revival Chicago LLC & Baum Revision LLC Secures $7.4M Loan For Theater Property At 3510-3520 S Halsted St In Chicago
FINANCED
$7,400,000
Illinois
See Similar DealsOther36,000 SF
Financed 11/22/2021
FINANCED
Our Revival Chicago LLC & Baum Revision LLC Secures $7.4M Loan For Theater Property At 3510-3520 S Halsted St In Chicago
3510 South Halsted Street, Chicago, IL, USA
See Similar DealsOther36,000 SF
Financed 11/22/2021
Summary
ILLINOIS
Asset Type:Other
Price Per Square Foot:$205
Total Square Footage:36,000 SF
Transaction Type:Loan
The property involved in this closed transaction is a theater located at 3510-3520 South Halsted Street in Chicago. The theater has a total square footage of 36,000 square feet.
Summary of transaction details
- Property Type: Theater
- Transaction Amount: $7,400,000
- Market: Chicago
- Lender: Twain Financial Partners
- Landlord: Our Revival Chicago LLC & Baum Revision LLC
The lender in this transaction is Twain Financial Partners. The landlords involved are Our Revival Chicago LLC and Baum Revision LLC.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$7,400,000.00
Monthly NOI$49,333.33
Monthly Debt Service$46,773.03
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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