Churchill Forge Inc. Secures $39.9M Loan For San Antonio Multifamily Property With Brokers CBRE
FINANCED
$39,875,000
+ 1
Texas
See Similar DealsMultiFamily1,864 SF
Financed 08/25/2021
FINANCED
Churchill Forge Inc. Secures $39.9M Loan For San Antonio Multifamily Property With Brokers CBRE
6107 Via La Cantera, San Antonio, TX, USA
See Similar DealsMultiFamily1,864 SF
Financed 08/25/2021
+ 1
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$21,392
Total Square Footage:1,864 SF
Transaction Type:Loan
The multifamily property located at 6107 Via La Cantera in San Antonio has been involved in a closed transaction. The property consists of 300 units and was the subject of a loan.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $39,875,000
- Date: 08/25/2021
- Borrower: Churchill Forge Inc.
- Brokers: Nate Sittema, Kristen Reilley, Grant Harris, & Elliot Voreis - CBRE
The loan for this transaction had a term of 12 years. The loan amount provided was $39,875,000, allowing the borrower to secure the property. This loan enabled the borrower, Churchill Forge Inc., to complete the acquisition of the multifamily property located at 6107 Via La Cantera in San Antonio, which consists of 300 units.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$39,875,000.00
Monthly NOI$265,833.33
Monthly Debt Service$252,037.12
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions