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DB Capital Acquires Multifamily Property In Austin With Loan Recapitalization

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FINANCED

Texas

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MultiFamily
Financed 09/27/2022
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Property Image
FINANCED

DB Capital Acquires Multifamily Property In Austin With Loan Recapitalization

522 North Lamar Boulevard, Austin, Texas 78753, United States

See Similar Deals
MultiFamily
Financed 09/27/2022

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Loan

The multifamily property located at 522 N. Lamar Blvd. in Austin has been involved in a loan transaction. The property consists of 192 units and belongs to DB Capital, Brennen Degner, and CrowdStreet. The loan type for this transaction is recapitalization.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Address: 522 N. Lamar Blvd.
  • City: Austin
  • Market: Austin
  • Units: 192

The deal involves DB Capital, Brennen Degner, and CrowdStreet as the landlords. They are represented by Brennen Degner & CrowdStreet.

Details

FINANCED
IMAGE: Brennen Degner DATE: 09/27/2022 ADDRESS: 522 N. Lamar Blvd. MARKET: Austin ASSET TYPE: Multifamily ~ UNITS: 192 LANDLORD: DB Capital (@DBCapital) - Brennen Degner (@BDegner42), & CrowdStreet (@CrowdStreet_Inc) LOAN TYPE: Recapitalization

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Debt Service Coverage Ratio (DSCR)

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Max Loan Amount

$0.00

Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00