Northwind Group Secures $100M Loan From Capital One Multifamily Finance In New York
40 Exchange Pl, New York, NY, 10005
$100,000,000
Building Size
—
Asset Type
Office
Closing
May 22, 2018
About this deal
AI
An Office property located at 40 Exchange Pl, New York, NY, 10005 in the New York market was involved in a loan transaction on 05/22/2018. The loan amount for this transaction was $100,000,000.00, with the borrower being Northwind Group and the lender being Capital One Multifamily Finance.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $100,000,000.00
- Address: 40 Exchange Pl, New York, NY, 10005
- Borrower: Northwind Group
- Lender: Capital One Multifamily Finance
- Borrower's Representative: Paul Talbot (Newmark)
Paul Talbot from Newmark acted as the borrower's representative in this transaction.
On the Map
$100,000,000
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Deal FAQ
Browse New York office loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93