Urban Standard Capital Provides $8.65M Construction Loan For 10,000 SF SFR In Park City UT
FINANCED
$8,650,000
+ 1
Single Family Residence10,000 SF
Financed 06/06/2025
FINANCED
Urban Standard Capital Provides $8.65M Construction Loan For 10,000 SF SFR In Park City UT
Single Family Residence10,000 SF
Financed 06/06/2025
+ 1
Summary
UTAH
Asset Type:Single Family Residence
Price Per Square Foot:$865
Total Square Footage:10,000 SF
Transaction Type:Loan
The asset involved in this transaction is a single-family residence located in Park City, UT, encompassing a total square footage of 10,000. The construction loan amounts to $8,650,000.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $8,650,000
- Market: Park City, UT
- Asset Size: 10,000 SF
- Lender: Robert Levine, Seth Weissman, Harrison Rowen, Jeremy Plofker & Bean - Urban Standard Capital
- Loan Type: Construction
Key individuals involved in this transaction include Robert Levine, Seth Weissman, Harrison Rowen, Jeremy Plofker, and Bean, representing Urban Standard Capital.
Players
LENDER
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$8,650,000.00
Monthly NOI$57,666.67
Monthly Debt Service$54,673.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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