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Northwind Group Provides $26.1M Bridge Loan For Mixed-Use Property In Houston

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FINANCED
$26,100,000
Christian Hung
Adi Chugh
+ 2

Texas

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Mixed-use
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FINANCED

Northwind Group Provides $26.1M Bridge Loan For Mixed-Use Property In Houston

2120 Post Oak Boulevard

See Similar Deals
Mixed-use
Financed
Christian Hung
Adi Chugh
+ 2
Contact now

Summary

TEXAS
Asset Type:Mixed-use
Transaction Type:Loan

Located at 2120 Post Oak Boulevard in Houston, this mixed-use property has recently been involved in a transaction involving a bridge loan. The loan amount of $26,100,000 was provided by Northwind Group, represented by Ran Eliasaf. The property is owned by DeisoMoss, with Andrew Deiso and Taylor Moss serving as the landlords. The deal was facilitated by Adi Chugh, Rich Levin, and Christian Hung of Surya Capital Partners.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $26,100,000
  • Lender: Northwind Group - Ran Eliasaf
  • Landlord: DeisoMoss - Andrew Deiso & Taylor Moss
  • Brokers: Adi Chugh, Rich Levin & Christian Hung - Surya Capital Partners

The transaction took place on April 7, 2022, and involved Adi Chugh and Ran Eliasaf. The property, located in Houston, offers a prime mixed-use opportunity in a bustling market. This deal highlights the expertise and collaboration of the individuals and companies involved in the transaction, showcasing their commitment to successful real estate ventures.

Players

Adi Chugh
23 deals$5.1B volume
BROKER

Adi Chugh
TYKO Capital
23 deals$5.1B volume
BROKER

Christian Hung
2 deals$52.2M volume
BROKER

Rich Levin
2 deals$52.2M volume
BROKER

Northwind Group
LENDER


2 deals$52.2M volume
LANDLORD

2 deals$52.2M volume
LANDLORD

2 deals$52.2M volume
LANDLORD

Details

FINANCED
IMAGE: Adi Chugh & Ran Eliasaf DATE: 04/07/2022 ADDRESS: 2120 Post Oak Boulevard MARKET: Houston ASSET TYPE: Mixed-use LENDER: Northwind Group - Ran Eliasaf LANDLORD: DeisoMoss - Andrew Deiso & Taylor Moss BROKERS: Adi Chugh, Rich Levin & Christian Hung - Surya Capital Partners LOAN AMOUNT: $26,100,000 LOAN TYPE: Bridge Loan

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$26,100,000.00

Monthly NOI$174,000.00
Monthly Debt Service$164,969.75
Change in Cash Flow$0.00
Refinance Proceeds$0.00