RRA Capital Provides $6.84M Loan For Retail Asset At 1901 Silverada Blvd Reno
FINANCED
$6,843,000
Nevada
See Similar DealsRetail166,159 SF
Financed 03/27/2024
FINANCED
RRA Capital Provides $6.84M Loan For Retail Asset At 1901 Silverada Blvd Reno
1901 Silverada Blvd.
See Similar DealsRetail166,159 SF
Financed 03/27/2024
Summary
NEVADA
Asset Type:Retail
Price Per Square Foot:$41
Total Square Footage:166,159 SF
Transaction Type:Loan
The asset involved in this transaction is a retail property located at 1901 Silverada Blvd. in the Reno market. The loan amount secured for this property is $6,843,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,843,000.00
- Date: 03/27/2024
- Lender: RRA Capital
- Broker: Tony Kaufmann - Gantry
This transaction highlights the key figures involved, including Tony Kaufmann representing the broker side of the deal through Gantry, facilitating the agreement between the involved parties.
Players
LENDER
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,843,000.00
Monthly NOI$45,620.00
Monthly Debt Service$43,252.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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