Daniel Kowalsky Secures $4M Acquisition Loan From Sonata Bank In Nashville
FINANCED
$4,000,000
Tennessee
See Similar DealsDevelopment Site
Financed 04/09/2024
FINANCED
Daniel Kowalsky Secures $4M Acquisition Loan From Sonata Bank In Nashville
Development Site
Financed 04/09/2024
Summary
Asset Type:Development Site
Transaction Type:Loan
A development site in Nashville, TN was involved in a recent transaction with a loan amount of $4,000,000 provided by Sonata Bank for acquisition purposes.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,000,000
- Market: Nashville, TN
- Asset Type: Development Site
- Lender: Sonata Bank
- Broker: Daniel Kowalsky - HKS Real Estate Advisors
- Loan Type: Acquisition
Daniel Kowalsky from HKS Real Estate Advisors represented the deal as a broker for the acquisition loan provided by Sonata Bank. The transaction involved key individuals and companies in facilitating the acquisition of the development site in Nashville, TN.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$4,000,000.00
Monthly NOI$26,666.67
Monthly Debt Service$25,282.72
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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