Updated Sep 9, 2024
25 Christopher Columbus Dr
25 Christopher Columbus Dr, Jersey C...
$300,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 18, 2019
About this deal
AI
No summary available.
The multifamily loan at 25 Christopher Columbus Dr, Jersey C... in Marlton, New Jersey financed for $300M in 2019. 25 Christopher Columbus Dr, Jersey C... is classified as Multifamily on Traded. Michael Sherman, Irene Lu, CBRE, Baseline Real Estate Advisors appear on the loan alongside CBRE, Baseline Real Estate Advisors. This page is the Marlton, New Jersey file for the 25 Christopher Columbus Dr, Jersey C... multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Marlton sit in the Market section below. Filter that Marlton multifamily set by closing date to see what else financed near 25 Christopher Columbus Dr, Jersey C... around 2019. Published consideration for 25 Christopher Columbus Dr, Jersey C... is $300M, dated 2019. Cite this 25 Christopher Columbus Dr loan when underwriting similar multifamily product around Marlton, New Jersey.
Players
Marlton 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
0.05%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93