Gardner Group, Solamere Capital & Wasatch Group Secure $160M Loan For Senior Housing In Taylorsville, UT
3390 West Signal Peak Drive Taylorsville, Utah 84129, USA
$160,000,000
Building Size
—
Asset Type
Other
Closing
May 23, 2023
About this deal
AI
The senior housing property located at 3390 West Signal Peak Drive in Taylorsville, UT was involved in a recent loan transaction. The loan was secured by the property owned by Gardner Group, Solamere Capital, and Wasatch Group. The loan amount for this transaction was $160,000,000.
Summary of transaction details
- Property Type: Senior Housing
- Transaction Amount: $160,000,000
- Address: 3390 West Signal Peak Drive, Taylorsville, UT
- Landlord: Gardner Group, Solamere Capital, and Wasatch Group
The individuals and companies involved in this transaction were Gardner Group, Solamere Capital, and Wasatch Group. They served as the landlords for the senior housing property and were successful in securing a loan amount of $160,000,000 for this deal.
Players
Taylorsville Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93