HSL Properties, Inc Refinances Multifamily Property In Tucson, AZ For $51.9M
FINANCED
$51,870,000
Texas
See Similar DealsMultiFamily
Financed 11/08/2021
FINANCED
HSL Properties, Inc Refinances Multifamily Property In Tucson, AZ For $51.9M
1897 East Burns Road, Edinburg, TX 78542
See Similar DealsMultiFamily
Financed 11/08/2021
Summary
TEXAS
Asset Type:MultiFamily
Transaction Type:Loan
HSL Properties, Inc has refinanced a multifamily property in Tucson, AZ. The property, located at 9300 E Valencia Rd, consists of 312 units. The loan transaction was facilitated by greystone''>Greystone, with Dan Wolins representing the lender.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $51,870,000
- Units: 312
- Address: 9300 E Valencia Rd, Tucson, AZ
- Market: Tucson, AZ
Omar Mireles, representing HSL Properties, Inc, acted as the landlord in the deal. The loan was a refinancing transaction, providing HSL Properties, Inc with a new financial arrangement for the property.
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
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
$51,870,000.00
Monthly NOI$345,800.00
Monthly Debt Service$327,853.68
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions
