Updated Sep 25, 2025
John Sloot Of Greystone Secures $19.8 Million Refinance Loan For Multifamily Asset In McKinney
2703 Rockhill Road
$19,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 27, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily asset located at 2703 Rockhill Road in McKinney. The loan amount secured for the refinancing of this asset is $19,800,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,800,000
- Lender: John Sloot - Greystone
- Landlord: Hanson Capital
- Loan Type: Refinance
- Date of Transaction: 08/28/2025
Key individuals involved in this transaction include John Sloot, representing Greystone as the lender and facilitating the refinancing process for the landlord, Hanson Capital.
On the Map
$19,800,000
MultiFamily
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Players
McKinney 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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93