Updated May 12, 2025
IBorrow Provides $20M Loan For Multifamily Property In Dallas
4542 West Kiest Boulevard, Dallas, Texas 75236, United States
$20,000,000
Units
232
Asset Type
MultiFamily
Closing
May 3, 2022
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 4542 W Kiest Blvd in Dallas. It consists of 232 units and has a loan amount of $20,000,000 secured from the lender, iBorrow, represented by Brian Good.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $20,000,000
- Market: Dallas
- Units: 232
- Lender: iBorrow
- Lender's Representative: Brian Good
- Date of Transaction: 05/04/2022
- Address: 4542 W Kiest Blvd
This transaction was facilitated by Brian Good, who acted on behalf of the lender, iBorrow, in securing financing for the multifamily property. The loan reflects the financial support provided for the acquisition and management of the 232-unit asset in the Dallas market.
On the Map
$20,000,000
MultiFamily
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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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93