The Catella European Residential Fund Acquires Student Housing In Carcavelos For €15.5M
Rua Quinta Da Lobita, 2775 621 Carcavelos, Lisboa, Portugal
$15,500,000
Building Size
—
Asset Type
—
Closing
Jan 21, 2022
About this deal
AI
The Catella European Residential Fund has successfully acquired a student housing property located at R. Q.ta da Lobita, 2775-621 Carcavelos, Portugal. The transaction took place on the 21st of January 2022 with a purchase price of €15,500,000. The property is situated in Portugal, Spain and falls under the asset class of student housing.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: €15,500,000
- Date: 21/01/2022
- Address: R. Q.ta da Lobita, 2775-621 Carcavelos, Portugal
- Sector: Portugal, Spain
The vendor of the property is Value One Holding, while the purchaser is The Catella European Residential Fund, represented by Eduardo Guardiola.
Players
Carcavelos e Parede CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93