Aetna Provides $12.3M Refinancing Loan For San Antonio Office At 4949 N Loop 1604 W
FINANCED
$12,300,000
Texas
See Similar DealsOffice58,389 SF
Financed 01/07/2022
FINANCED
Aetna Provides $12.3M Refinancing Loan For San Antonio Office At 4949 N Loop 1604 W
4949 North Loop 1604 West, San Antonio, TX 78249
See Similar DealsOffice58,389 SF
Financed 01/07/2022
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$210
Total Square Footage:58,389 SF
Transaction Type:Loan
The property involved in this closed transaction is an office space located at 4949 N Loop 1604 W in San Antonio. The property spans a total of 58,389 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 4949 N Loop 1604 W
- Market: San Antonio
- Asset Type: Office
- Square Footage: 58,389
The lender for this transaction was aetna''>Aetna, while Sirell Properties served as the landlord. Bryan Leonard from Northmarq represented the parties involved in the deal as the broker.
The loan amount for this transaction was $12,300,000. It was a refinancing loan with a three-year term and interest-only payment structure.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$12,300,000.00
Monthly NOI$82,000.00
Monthly Debt Service$77,744.37
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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