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2000 Swenson Ln

Bonaventure Secures $21.7M Acquisition Loan For The Station St. Peters Multifamily Property
FINANCEDMultiFamily

Bonaventure Secures $21.7M Acquisition Loan For The Station St. Peters Multifamily Property

2000 Swenson Ln

$21,700,000

Building Size

Asset Type

MultiFamily

Closing

May 29, 2025

AI

The asset involved in this transaction is a multifamily property located at 2000 Swenson Ln, St. Peters, MO, consisting of 180 units. A loan amount of $21,700,000 was arranged for the acquisition of this property.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $21,700,000
  • Landlord: Bonaventure
  • Loan Type: Acquisition
  • Loan Date: 05/29/2025
  • Market: St. Peters, MO
  • Broker Representatives: Nick Santangelo, Bruce Francis, Shaun Moothart, Bob Ybarra, Doug Birrell, Anna Britt & Amber Coleman - CBRE

This transaction highlights the role of CBRE as the arranging broker, facilitating a 10-year acquisition loan with a fixed interest rate and full-term interest-only payments specifically for Bonaventure’s acquisition of The Station St. Peters.

Players

Bruce Francis

CBRE

Broker

$717.8M

vol

18 deals

Broker
B
BonaventureLandlord

Saint Peters MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.73%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93