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1207 North Zang Boulevard

Daniel Zunker Of Kairoi Residential Secures $15.5M Refinance Loan From Southern Realty Trust
FINANCEDMultiFamily

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

Southern Realty Trust
Southern Realty TrustLender

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

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93