CBRE Arranges $58M Refinance Loan On Lake Oswego And Wilsonville Senior Housing
3800 Carman Drive Lake Oswego, Oregon 97035, USA
$58,000,000
Building Size
—
Asset Type
Senior Housing
Closing
May 30, 2023
AI
The senior housing property located at 3800 Carman Drive in Lake Oswego, OR and 7600 SW Vlahos Dr in Wilsonville, OR has undergone a loan refinance transaction. The property is valued at $58,000,000, and the loan amount for the refinance is also $58,000,000.
Summary of transaction details:
- Property Type: Senior Housing
- Transaction Amount: $58,000,000
- Address: 3800 Carman Drive & 7600 SW Vlahos Dr
- Market: Lake Oswego & Wilsonville, OR
The loan refinance was facilitated by Aron Will, Tim Root, and Michael Cregan - CBRE, who represented the parties involved in the transaction.
Players
Lake Oswego Senior Housing Market Snapshot
Boundary boundary · Senior Housing · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93