FINANCEDMultiFamily
Lightstone Capital Markets Provides $28.5M Loan For Dallas Multifamily Property
10928 Audelia Rd, Dallas, TX, 75243
$28,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 19, 2022
AI
The property at 10928 Audelia Rd, Dallas, TX, 75243 is a MultiFamily asset located in the Dallas market. The loan for this property was provided by Lightstone Capital Markets, amounting to $28,500,000.00.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $28,500,000.00
- Borrower's Rep: Thomas Wayda (Greystone)
- Lender: Lightstone Capital Markets
Thomas Wayda from Greystone represented the borrower in this transaction.
Players
GreystoneBrokerage
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93