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2120 Post Oak Boulevard

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

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

2120 Post Oak Boulevard

$26,100,000

Building Size

Asset Type

Mixed-use

Closing

Jul 4, 2022

AI

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

TYKO Capital

Broker

$5.9B

vol

24 deals

Broker
Northwind Group
Northwind GroupLender

Andrew Deiso

DeisoMoss

Landlord

$52.2M

vol

2 deals

Landlord

Houston Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93