Bridge Investment Group Holdings Loans $60.8M For Condo At 2216 Plum Ln, Arlington
2216 Plum Ln, Arlington, TX, 76010
$60,800,000
Building Size
—
Asset Type
Condo
Closing
Mar 27, 2017
About this deal
AI
The property involved in this transaction is a condominium located at 2216 Plum Ln, Arlington, TX, 76010. The loan amount for this transaction was $60,800,000.00 in Arlington.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $60,800,000.00
- Address: 2216 Plum Ln, Arlington, TX, 76010
- Market: Arlington
- Borrower's Rep: Zach Wagner (StackSource)
- Lender: Bridge Investment Group Holdings
Zach Wagner from StackSource represented the borrower in this transaction, with the loan provided by Bridge Investment Group Holdings.
The condo loan at 2216 Plum Ln, Arlington, TX, 76010 in Arlington, Texas financed for $60.8M in 2017. 2216 Plum Ln, Arlington, TX, 76010 is classified as Condo on Traded. Zach Wagner, StackSource appear on the loan alongside StackSource. This page is the Arlington, Texas file for the 2216 Plum Ln, Arlington, TX, 76010 condo financed: pricing, party profiles, and other closed condo comps from the same Arlington sit in the Market section below. Filter that Arlington condo set by closing date to see what else financed near 2216 Plum Ln, Arlington, TX, 76010 around 2017. Published consideration for 2216 Plum Ln, Arlington, TX, 76010 is $60.8M, dated 2017. Cite this Bridge Investment Group Holdings Loans $60.8M For Condo At 2216 Plum Ln, Arlington loan when underwriting similar condo product around Arlington, Texas.
On the Map
$60,800,000
Condo
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Players
Arlington Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93