Lightstone Capital Markets Provides $28.5M Loan For Dallas Multifamily Property
FINANCED
$28,500,000
Texas
See Similar DealsMultiFamily
Financed 12/19/2022
FINANCED
Lightstone Capital Markets Provides $28.5M Loan For Dallas Multifamily Property
10928 Audelia Rd, Dallas, TX, 75243
See Similar DealsMultiFamily
Financed 12/19/2022
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$28,500,000.00
Monthly NOI$190,000.00
Monthly Debt Service$180,139.39
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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