Jared Cassidy Secures $6.3M Acquisition Loan For Retail Properties In Johnston, RI & Arlington, TX
FINANCED
$6,300,000
Texas
See Similar DealsRetail
Financed 06/23/2022
FINANCED
Jared Cassidy Secures $6.3M Acquisition Loan For Retail Properties In Johnston, RI & Arlington, TX
4721 West Sublett Road, Arlington, Texas 76017, United States
See Similar DealsRetail
Financed 06/23/2022
Summary
TEXAS
Asset Type:Retail
Transaction Type:Loan
An acquisition loan of $6,300,000 was obtained for a retail property located at 1583 Atwood Avenue in Johnston, Rhode Island and 4721 West Sublett Road in Arlington, Texas. The loan was secured for the purchase of these two properties in the respective markets.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $6,300,000
- Market: Johnston, Rhode Island & Arlington, Texas
- Address: 1583 Atwood Avenue & 4721 West Sublett Road
The acquisition loan was arranged by Jared Cassidy of Marcus & Millichap Capital Corporation (MMCC). As the representative of the buyer, Cassidy played a crucial role in securing the loan and facilitating the transaction.
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
$6,300,000.00
Monthly NOI$42,000.00
Monthly Debt Service$39,820.29
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions