Michael J. Gefter Secures $2,608,711 Loan For Retail Asset In Houston At 9895 Blackhawk Blvd
9895 Blackhawk Blvd
$2,608,711
$74/SF
Building Size
35,113 SF
Asset Type
Retail
Closing
Feb 10, 2025
About this deal
AI
The asset involved in this transaction is a retail property located at 9895 Blackhawk Blvd in the Houston market. The loan amount for this property is $2,608,711.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,608,711.00
- Address: 9895 Blackhawk Blvd
- Market: Houston
- Brokers: Michael J. Gefter
Michael J. Gefter represents the broker in this transaction, showcasing the professional involvement in facilitating the loan secured for this retail asset.
The retail loan at 9895 Blackhawk Blvd in Houston, Texas financed for $2.6M in 2025. The building is 35,113 square feet, implying about 74 per square foot on the published price. Michael Gefter, Wolf Investment Partners appear on the loan alongside Wolf Investment Partners. This page is the Houston, Texas file for the 9895 Blackhawk Blvd retail financed: pricing, party profiles, and other closed retail comps from the same Houston sit in the Market section below. Filter that Houston retail set by closing date to see what else financed near 9895 Blackhawk Blvd around 2025. Published consideration for 9895 Blackhawk Blvd is $2.6M, dated 2025. Cite this Michael J. Gefter Secures $2,608,711 Loan For Retail Asset In Houston At 9895 Blackhawk Blvd loan when underwriting similar retail product around Houston, Texas.
Houston Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.08%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93