Updated Dec 21, 2023
Slatt Capital Arranges $102.5M Bridge Loan For Multifamily Property On N Interstate 35, Austin
8800 North Interstate Highway 35, Austin, TX, USA
$102,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 23, 2021
About this deal
AI
8800-8900 N Interstate 35, a multifamily property in Austin, was recently involved in a closed transaction. The loan for this property was secured through a bridge loan in the amount of $102,500,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $102,500,000
- Address: 8800-8900 N Interstate 35
- Market: Austin
The loan was facilitated by John Darrow from Slatt Capital. His expertise and representation were instrumental in the successful acquisition of this multifamily property.
The multifamily loan at 8800 North Interstate Highway 35, Austin, TX, USA in Austin, Texas financed for $102.5M in 2021. 8800 North Interstate Highway 35, Austin, TX, USA is classified as Multifamily on Traded. John Darrow, Slatt Capital appear on the loan alongside Slatt Capital. This page is the Austin, Texas file for the 8800 North Interstate Highway 35, Austin, TX, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Austin sit in the Market section below. Filter that Austin multifamily set by closing date to see what else financed near 8800 North Interstate Highway 35, Austin, TX, USA around 2021. Published consideration for 8800 North Interstate Highway 35, Austin, TX, USA is $102.5M, dated 2021. Cite this Slatt Capital Arranges $102.5M Bridge Loan For Multifamily Property On N Interstate 35, Austin loan when underwriting similar multifamily product around Austin, Texas.
On the Map
$102,500,000
MultiFamily
View full map
Players
Austin MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Texas multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93