Arbor Realty Trust Provides $14.55M Bridge Loan For Fort Worth Multifamily Property
FINANCED
$14,555,000
Texas
See Similar DealsMultiFamily141,889 SF
FINANCED
Arbor Realty Trust Provides $14.55M Bridge Loan For Fort Worth Multifamily Property
6130 Oakland Hills Drive
See Similar DealsMultiFamily141,889 SF
Summary
TEXAS
Asset Type:MultiFamily
Price Per Square Foot:$102
Total Square Footage:141,889 SF
Transaction Type:Loan
Arbor Realty Trust has provided a bridge loan of $14,550,000 for a multifamily property in Fort Worth. The property spans across 141,889 square feet and consists of 140 units.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $14,550,000
- Market: Fort Worth
- Square Footage: 141,889
- Number of Units: 140
Daniel Ohana, representing Arbor Realty Trust, facilitated the loan for this transaction.
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Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$14,555,000.00
Monthly NOI$97,033.33
Monthly Debt Service$91,997.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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