Walker & Dunlop Arranges $300M Construction Loan For Tysons Senior Housing
FINANCED
$300,000,000
+ 2
Virginia
See Similar DealsOther191,708 SF
Financed 10/20/2021
FINANCED
Walker & Dunlop Arranges $300M Construction Loan For Tysons Senior Housing
7929 Westpark Drive, Tysons, VA, USA
See Similar DealsOther191,708 SF
Financed 10/20/2021
+ 2
Summary
VIRGINIA
Asset Type:Other
Price Per Square Foot:$1,564
Total Square Footage:191,708 SF
Transaction Type:Loan
The senior housing property located at 7929 Westpark Drive in Tysons, VA has recently secured a construction loan. The loan, amounting to $300,000,000, will be utilized for the development of this senior housing asset.
Summary of transation details
- Property Type: Senior Housing
- Transaction Amount: $300,000,000
- Loan Type: Construction
This financing deal was facilitated by Jonathan Schwartz, Aaron Appel, Ari Hirt, Sean Bastian, and Taylor Geiger from Walker & Dunlop, Inc. They acted as brokers in the transaction, representing the parties involved in securing the loan for the senior housing project at 7929 Westpark Drive in Tysons, VA.
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
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
$300,000,000.00
Monthly NOI$2,000,000.00
Monthly Debt Service$1,896,204.07
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions