Moonwater Capital Refinances Las Vegas Office Building On W. Sahara Ave. For $116M
FINANCED
$116,000,000
Nevada
See Similar DealsOffice611,000 SF
Financed 02/03/2022
FINANCED
Moonwater Capital Refinances Las Vegas Office Building On W. Sahara Ave. For $116M
6226 West Sahara Avenue, Las Vegas, Nevada 89146, United States
See Similar DealsOffice611,000 SF
Financed 02/03/2022
Summary
NEVADA
Asset Type:Office
Price Per Square Foot:$189
Total Square Footage:611,000 SF
Transaction Type:Loan
A refinance loan has been secured for an office property located at 6226 W. Sahara Ave in Las Vegas. The property spans a total of 611,000 square feet.
Summary of Transaction Details:
- Property Type: Office
- Transaction Amount: $116,000,000
The loan was provided by Citi Real Estate Funding Inc. and Barclays Capital Real Estate Inc. to the landlord, Moonwater Capital. Shlomi Ronen from Dekel Capital served as the broker for this transaction.
Note: No additional information was provided in the context.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$116,000,000.00
Monthly NOI$773,333.33
Monthly Debt Service$733,198.91
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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