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
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