Dwight Capital Refinances Multifamily Property In Portland, OR For $48.2M
2595 Southeast 50th Avenue, Portland, Oregon 97206, United States
$48,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 7, 2022
AI
The multifamily property located at 2595 SE 50th Ave in Portland, OR recently underwent a refinancing transaction. The loan was provided by Dwight Capital, with Josh Sasouness representing the lender.
Summary of transaction details
- Property Type: Multifamily
- Loan Amount: $48,200,000
Dwight Capital, represented by Josh Sasouness, facilitated the refinance loan for the multifamily property. The transaction marks an important financial step for the property owner, providing them with a new financing arrangement to support their investment.
Players
Portland MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93