MAG Partners Secures $125.5 Million Refinance Loan From Greystar For Multifamily Assets
1127 Pearl Retreat Lane
$125,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 10, 2025
AI
The asset involved in this transaction is a multifamily property consisting of 798 units located at 1127 Pearl Retreat Lane, 2789 Satellite Boulevard, and 1630 Peachtree Industrial Blvd. The loan amount secured for this property is $125,500,000 and the loan type is a refinance, taking place in the Austin and Atlanta markets.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $125,500,000
- Lender: Greystar
- Landlord: MAG Partners
- Brokers: Gerard Sansosti, Pete Rotchford, Clayton Ross, Nicco Lupo - JLL
The key individuals involved in the deal include Gerard Sansosti, Pete Rotchford, Clayton Ross, and Nicco Lupo, representing JLL. They are the brokers facilitating the transaction between the lender and the landlord.
Players
Austin 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
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93