Guardian Life Provides $132M Refinance Loan For Industrial Property In Greensboro, NC
FINANCED
North Carolina
See Similar DealsIndustrial2,200,000 SF
Financed 12/15/2022
FINANCED
Guardian Life Provides $132M Refinance Loan For Industrial Property In Greensboro, NC
4754 Mcconnell Center Drive
See Similar DealsIndustrial2,200,000 SF
Financed 12/15/2022
Summary
NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$60
Total Square Footage:2,200,000 SF
Transaction Type:Loan
The industrial property located at 4754 Mcconnell Center Drive in Greensboro, NC has recently undergone a refinancing transaction. The transaction involved a loan amount of $132,000,000 provided by Guardian Life. New York Life Investors acts as the landlord for this property.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $132,000,000
- Address: 4754 Mcconnell Center Drive, Greensboro, NC
- Market: Greensboro, NC
- Lender: Guardian Life
- Landlord: New York Life Investors
The deal was facilitated by Newmark's brokers, Jordan Roeschlaub and Dustin Stolly.
Players
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$132,000,000.00
Monthly NOI$880,000.00
Monthly Debt Service$834,329.79
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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