Daniel Zunker Of Kairoi Residential Secures $15.5M Refinance Loan From Southern Realty Trust
1207 North Zang Boulevard
$15,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 18, 2025
AI
The property asset involved in this context is located at 1207 North Zang Boulevard in Dallas. It represents a MultiFamily type and has a loan amount of $15,500,000.00 associated with it as part of a refinance transaction.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $15,500,000.00
- Lender: Southern Realty Trust
- Landlord: Daniel Zunker - Kairoi Residential
- Loan Type: Refinance
- Date: 03/18/2025
Key individuals involved in this deal include Daniel Zunker, who represents the landlord through Kairoi Residential, and Southern Realty Trust as the lending institution facilitating the refinance for the property.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93