Eli Osdoba And David Rayek Secure $22.41M Refinance For Multifamily Property In Austin
824 Camino La Costa
$22,410,000
Units
306
Asset Type
MultiFamily
Closing
Jun 29, 2025
AI
The asset involved in this transaction is a multifamily property located at 824 Camino La Costa in the Austin market, consisting of 306 units. A refinance loan for this property was secured in the amount of $22,410,000, aimed at addressing a maturing loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,410,000
- Loan Type: Refinance
- Loan Terms: 3
- Address: 824 Camino La Costa
- Market: Austin
- Units: 306
- Broker Representatives: Eli Osdoba & David Rayek - Harborview Capital Partners
The deal was originated by Eli Osdoba and David Rayek from Harborview Capital Partners, a full-service firm specializing in various asset classes including debt, equity, and investment sales. They are available for any nationwide debt, equity, or investment sales needs.
Players
Austin 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
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93