FINANCEDMultiFamily
CBRE Provides $9.05 Million Refinance Loan For Multifamily Property In Irving
2700 Rock Island Road
$9,050,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 29, 2025
AI
The asset involved in this transaction is a multifamily property located at 2700 Rock Island Road in the Irving market. The loan amount is $9,050,000, structured as a refinance with terms set for 5 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,050,000
- Lender: CBRE
- Broker: James Wilson - Old Capital
- Loan Type: Refinance
- Loan Terms: 5 Years
James Wilson from Old Capital represents the broker side in this deal, facilitating the refinancing process with CBRE as the lender.
Players
Irving 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
1.75%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93