David And Richard Horowitz Of Cooper Horowitz Secure $10.2M Acquisition Loan For Retail Property In Towson, MD
FINANCED
$10,200,000
Maryland
See Similar DealsRetail
Financed 08/22/2022
FINANCED
David And Richard Horowitz Of Cooper Horowitz Secure $10.2M Acquisition Loan For Retail Property In Towson, MD
300 Towson Row, Towson, Maryland 21204, United States
See Similar DealsRetail
Financed 08/22/2022
Summary
MARYLAND
Asset Type:Retail
Transaction Type:Loan
David Horowitz & Richard Horowitz of Cooper Horowitz facilitated the acquisition loan for a retail property located at 300 Towson Row in Towson, MD. The loan amount was $10,200,000, and it was a 10-year fixed-rate loan with full-term interest-only terms.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,200,000
- Date: 08/22/2022
- Address: 300 Towson Row, Towson, MD
- Market: Towson, MD
The loan was acquired through the brokerage services of David Horowitz & Richard Horowitz from Cooper Horowitz.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$10,200,000.00
Monthly NOI$68,000.00
Monthly Debt Service$64,470.94
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions