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Dwight Capital Provides $31.5M Refinance Loan For Multifamily Property In Bend, OR

Property Image
FINANCED
$31,500,000

Oregon

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MultiFamily
Financed 06/07/2023
the dealdetailscomps
Property Image
FINANCED

Dwight Capital Provides $31.5M Refinance Loan For Multifamily Property In Bend, OR

643 Northeast Ross Road Bend, Oregon 97701, USA

See Similar Deals
MultiFamily
Financed 06/07/2023
the dealdetailscomps

Summary

OREGON
Asset Type:MultiFamily
Transaction Type:Loan

The multifamily property located at 643 Northeast Ross Road in Bend, OR has undergone a loan transaction on June 7, 2023. The loan amount for this refinance transaction was $31,500,000. The lender involved in the deal was Dwight Capital, providing financing to the property.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $31,500,000
  • Address: 643 Northeast Ross Road, Bend, OR
  • Market: Bend, OR

Pahlisch Commercial acted as the landlord in this loan transaction. They were represented by their broker representative in the deal.

Details

FINANCED
IMAGE: 06/07/2023 ADDRESS: 643 Northeast Ross Road MARKET: Bend, OR ASSET TYPE: Multifamily LENDER: Dwight Capital LANDLORD: Pahlisch Commercial LOAN AMOUNT: $31,500,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$31,500,000.00

Monthly NOI$210,000.00
Monthly Debt Service$199,101.43
Change in Cash Flow$0.00
Refinance Proceeds$0.00