Daily limit: 0/10
Standard Insurance Company Provides $14.5M Loan To American Asset Corp For Office Refinancing In Raleigh
FINANCED
$14,500,000
North Carolina
See Similar DealsOffice123,351 SF
Financed 09/12/2025
FINANCED
Standard Insurance Company Provides $14.5M Loan To American Asset Corp For Office Refinancing In Raleigh
8081 Arco Corporate Drive
See Similar DealsOffice123,351 SF
Financed 09/12/2025
Summary
NORTH CAROLINA
Asset Type:Office
Price Per Square Foot:$117
Total Square Footage:123,351 SF
Transaction Type:Loan
An office building located at 8081 Arco Corporate Drive encompasses 123,351 square feet and is situated in Raleigh’s Brier Creek Corporate Center. The property was refinanced with a loan amount of $14,500,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $14,500,000
- Market: Raleigh, NC
- Lender: Standard Insurance Company
- Landlord: American Asset Corp
- Loan Type: Refinance
The refinancing transaction involved Standard Insurance Company providing the loan to American Asset Corp, who owns the property. This arrangement highlights the engagement of both the lender and the landlord in facilitating the financial update for the asset.
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
$14,500,000.00
Monthly NOI$96,666.67
Monthly Debt Service$91,649.86
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions