Updated Dec 20, 2023
Catella Residential Investment Management Acquires Residential Portfolio In Germany For €40M
Laurenz Lingen Weg, 47839 Krefeld, Germany
$40,000,000
Building Size
—
Asset Type
Co-Op
Closing
Jan 27, 2022
About this deal
AI
The residential property located at Laurenz-Lingen-Weg, 47839 Krefeld & Zinzendorfstraße, 01069 Dresden, in Germany, has been involved in a closed transaction. The purchase price for this property was €40,000,000. The vendor of the property was GAMMA IMMOBILIEN-Besitz & AKTIVA Bautrager GmbH, while the purchaser was Catella Residential Investment Management represented by Michael Keune.
Summary of transaction details:
- Property Type: Residential
- Transaction Amount: €40,000,000
- Date: 28/01/2022
- Image: Michael Keune
- Address: Laurenz-Lingen-Weg, 47839 Krefeld & Zinzendorfstraße, 01069 Dresden
- Country: Germany
- Vendor: GAMMA IMMOBILIEN-Besitz & AKTIVA Bautrager GmbH
- Purchaser: Catella Residential Investment Management - Michael Keune
Michael Keune, representing Catella Residential Investment Management, played a key role as the purchaser in this transaction, acquiring the residential property at the aforementioned address.
Players
Krefeld Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93