Natixis Real Estate Capital Provides $20.5M Loan For Office Building In Greenbelt, Maryland
7833 Walker Drive, Greenbelt, Maryland, USA
$20,500,000
$1,780/SF
Building Size
11,512 SF
Asset Type
Office
Closing
May 25, 2020
About this deal
AI
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.
The office loan at 7833 Walker Drive, Greenbelt, Maryland, USA in Greenbelt, Maryland financed for $20.5M in 2020. The building is 11,512 square feet, implying about 1.8K per square foot on the published price. Richard Horowitz, Justin Horowitz, Cooper Horowitz appear on the loan alongside Cooper Horowitz. This page is the Greenbelt, Maryland file for the 7833 Walker Drive, Greenbelt, Maryland, USA office financed: pricing, party profiles, and other closed office comps from the same Greenbelt sit in the Market section below. Filter that Greenbelt office set by closing date to see what else financed near 7833 Walker Drive, Greenbelt, Maryland, USA around 2020. Published consideration for 7833 Walker Drive, Greenbelt, Maryland, USA is $20.5M, dated 2020. Cite this Natixis Real Estate Capital Provides $20.5M Loan For Office Building In Greenbelt, Maryland loan when underwriting similar office product around Greenbelt, Maryland.
Players
Greenbelt Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.77%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93