Streamline Realty Funding Provides $29.7M Loan For Office Property In Princeton
FINANCED
$29,700,000
+ 1
New Jersey
See Similar DealsOffice158,180 SF
Financed 01/22/2021
FINANCED
Streamline Realty Funding Provides $29.7M Loan For Office Property In Princeton
100 Overlook Center, Princeton, NJ, USA
See Similar DealsOffice158,180 SF
Financed 01/22/2021
+ 1
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$187
Total Square Footage:158,180 SF
Transaction Type:Loan
Located at 100 Overlook Center in Princeton, this property is a 158,180 square foot office asset. The transaction took place on January 22, 2021.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $29,700,000
- Address: 100 Overlook Center
- Market: Princeton
Cali Group served as the landlord in this deal, while Streamline Realty Funding provided a three-year loan of $29,700,000. The transaction was facilitated by John Alascio, Sri Vankayala, Chuck Kohaut, and T.J. Sullivan of Cushman & Wakefield.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$29,700,000.00
Monthly NOI$198,000.00
Monthly Debt Service$187,724.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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