Deutsche Bank Provides $97.5M Loan For Rego Park Property Acquisition
Rego Park, Queens, NY, USA
$97,500,000
Building Size
—
Asset Type
Other
Closing
Nov 5, 2019
About this deal
AI
A $97,500,000 loan was granted by Deutsche Bank to A&E Real Estate Holdings for a property located in Rego Park, Queens. The transaction took place on November 6, 2019. The property details, such as its square footage, market value, and other characteristics, were not provided in the available information.
Summary of transaction details
- Property Type: Not specified
- Transaction Amount: $97,500,000
- Lender: Deutsche Bank
- Landlord: A&E Real Estate Holdings
- Date: November 6, 2019
- Address: Rego Park, Queens
No further information was provided about the individuals and companies involved in the transaction or any additional details regarding the property or the deal's key individuals and companies.
Players
New York Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Deal FAQ
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