MSD Partners Provides $124M Construction Loan For Office Building In Austin
SOLD
Texas
See Similar DealsSold 08/15/2022
SOLD
MSD Partners Provides $124M Construction Loan For Office Building In Austin
218 S. Lamar Blvd.
See Similar DealsSold 08/15/2022
Summary
TEXAS
Transaction Type:Sale
The property involved in the transaction is an office located at 218 S. Lamar Blvd in Austin. It spans 207,000 square feet and is owned by Generational Commercial Properties and Fairway Real Estate.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $124,000,000
- Market: Austin
- Lender: MSD Partners - Michael Dell
- Landlord: Generational Commercial Properties & Fairway Real Estate
- Brokers: Jordan Roeschlaub & Dustin Stolly - Newmark
- Loan Type: Construction
MSD Partners, headed by Michael Dell, provided a construction loan of $124,000,000 for the office property located at 218 S. Lamar Blvd in Austin. The loan was facilitated by brokers Jordan Roeschlaub and Dustin Stolly from Newmark.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
Is there something missing? Send suggestions