Natixis Real Estate Capital Provides $20.5M Loan For Office Building In Greenbelt, Maryland
FINANCED
$20,500,000
Maryland
See Similar DealsOffice11,512 SF
Financed 05/25/2020
FINANCED
Natixis Real Estate Capital Provides $20.5M Loan For Office Building In Greenbelt, Maryland
7833 Walker Drive, Greenbelt, Maryland, USA
See Similar DealsOffice11,512 SF
Financed 05/25/2020
Summary
MARYLAND
Asset Type:Office
Price Per Square Foot:$1,780
Total Square Footage:11,512 SF
Transaction Type:Loan
The office property located at 7833 & 7835 Walker Drive in Greenbelt, Maryland was involved in a recent loan transaction. The loan was provided by Natixis Real Estate Capital in the amount of $20,500,000.
Summary of transation details
- Property Type: Office
- Transaction Amount: $20,500,000
- Address: 7833 & 7835 Walker Drive, Greenbelt, Maryland
- Market: Greenbelt, Maryland
The loan transaction for the office property at 7833 & 7835 Walker Drive was facilitated by Richard Horowitz & Justin Horowitz from CooperHorowitz LLC.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$20,500,000.00
Monthly NOI$136,666.67
Monthly Debt Service$129,573.94
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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