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2595 Southeast 50th Avenue,...

Updated Oct 28, 2024

Dwight Capital Refinances Multifamily Property In Portland, OR For $48.2M
FINANCEDMultiFamily

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

About this deal

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.

The multifamily loan at 2595 Southeast 50th Avenue, Portland, Oregon 97206, United States in Portland, Oregon financed for $48.2M in 2022. 2595 Southeast 50th Avenue, Portland, Oregon 97206, United States is classified as Multifamily on Traded. Named participants on the 2595 Southeast 50th Avenue, Portland, Oregon 97206, United States loan are Josh Sasouness. This page is the Portland, Oregon file for the 2595 Southeast 50th Avenue, Portland, Oregon 97206, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Portland sit in the Market section below. Filter that Portland multifamily set by closing date to see what else financed near 2595 Southeast 50th Avenue, Portland, Oregon 97206, United States around 2022. Published consideration for 2595 Southeast 50th Avenue, Portland, Oregon 97206, United States is $48.2M, dated 2022. Cite this Dwight Capital Refinances Multifamily Property In Portland, OR For $48.2M loan when underwriting similar multifamily product around Portland, Oregon.

Players

Josh Sasouness

Dwight Capital

Lender

$531.6M

vol

15 deals

Lender
Dwight Capital
Dwight CapitalLender

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

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