facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

South Carolina

/

All

/

Loan

/

2205 Gregg Street, Columbia...

Greystone Refinances Senior Housing In Columbia, SC For $27.1M
FINANCED

Greystone Refinances Senior Housing In Columbia, SC For $27.1M

2205 Gregg Street, Columbia, South Carolina 29201, United States

$27,100,000

Building Size

Asset Type

Closing

Dec 29, 2022

AI

Located at 2205 Gregg St in Columbia, SC, this senior housing property recently underwent a refinancing transaction. The loan for the property amounted to $27,100,000 and was provided by Greystone, with Tyler Armstrong acting as the lender's representative.

Summary of transaction details

  • Property Type: Senior Housing
  • Transaction Amount: $27,100,000
  • Market: Columbia, SC
  • Landlord: AEW Capital Management & Merrill Gardens
  • Lender: Greystone - Tyler Armstrong
  • Loan Type: Refinance

AEW Capital Management and Merrill Gardens are the landlords of this senior housing property. As AEW Capital Management is an established real estate investment management firm, and Merrill Gardens is a trusted provider of senior living communities, their involvement in this transaction adds credibility to the deal.

Players

AEW Capital Management
AEW Capital ManagementLandlord

Columbia CRE Market Snapshot

Boundary boundary · CRE · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93