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

/

Texas

/

Condo

/

Loan

/

2216 Plum Ln, Arlington, TX...

Bridge Investment Group Holdings Loans $60.8M For Condo At 2216 Plum Ln, Arlington
FINANCEDCondo

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

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:

Zach Wagner from StackSource represented the borrower in this transaction, with the loan provided by Bridge Investment Group Holdings.

Players

Zach Wagner

StackSource

Broker

$60.8M

vol

1 deal

Broker
Bridge Investment Group
Bridge Investment GroupLender

Arlington Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

Loading comparables…

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