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:
- 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.
Players
Arlington Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
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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