Rubenstein Mortgage Capital Provides $37.8M Loan For Office Property In Charlotte
FINANCED
$37,800,000
North Carolina
See Similar DealsOffice77,214 SF
Financed 11/09/2021
FINANCED
Rubenstein Mortgage Capital Provides $37.8M Loan For Office Property In Charlotte
2101 Rexford Road, Charlotte, NC, USA
See Similar DealsOffice77,214 SF
Financed 11/09/2021
Summary
NORTH CAROLINA
Asset Type:Office
Price Per Square Foot:$489
Total Square Footage:77,214 SF
Transaction Type:Loan
The property involved in this closed transaction is an office space located at 2101 Rexford Road in Charlotte, North Carolina. The property spans a total square footage of 213,324. The loan for this transaction was provided by Rubenstein Mortgage Capital, with Andrew Murray representing the lender. The loan amount for this transaction is $37,800,000. The landlord for this property is LRC Properties.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $37,800,000
Andrew Murray from Rubenstein Mortgage Capital represented the lender in this transaction, while LRC Properties served as the landlord.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$37,800,000.00
Monthly NOI$252,000.00
Monthly Debt Service$238,921.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions