CB&S Bank Provides $150M Bridge Loan For Mixed-Use Property In Arlington, VA
FINANCED
$150,000,000
Virginia
See Similar DealsMixed-use
Financed 12/21/2021
FINANCED
CB&S Bank Provides $150M Bridge Loan For Mixed-Use Property In Arlington, VA
2011 Crystal Drive, 2011 Crystal Dr, Arlington County, Virginia 22202, United States
See Similar DealsMixed-use
Financed 12/21/2021
Summary
VIRGINIA
Asset Type:Mixed-use
Transaction Type:Loan
Ron Lamontagne secured a $150,000,000 bridge loan for a mixed-use property located at 2011 Crystal Dr. in Arlington, VA. The property consists of 492 units and is owned by Partners Group and managed by ZOM Living. CB&S Bank provided the loan.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $150,000,000
- Address: 2011 Crystal Dr., Arlington, VA
- Market: Arlington, VA
- Unit Count: 492
Ron Lamontagne, a representative from Partners Group, and ZOM Living are the key individuals and companies involved in the deal, serving as the property's landlord.
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
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
$150,000,000.00
Monthly NOI$1,000,000.00
Monthly Debt Service$948,102.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions