Daily limit: 0/10
Sound West Group Refinances Marina Square With $79M Loan From TPG Real Estate
FINANCED
$79,000,000
Washington
See Similar DealsMixed-use
Financed 02/12/2024
FINANCED
Sound West Group Refinances Marina Square With $79M Loan From TPG Real Estate
280 Washington Avenue
See Similar DealsMixed-use
Financed 02/12/2024
Summary
WASHINGTON
Asset Type:Mixed-use
Transaction Type:Loan
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $79,000,000
- Units: 270
- Address: 280 Washington Avenue, Bremerton, WA
- Market: Bremerton, WA
- Lender: TPG Real Estate Credit
- Landlord: Wes Larson - Sound West Group
- Brokers: Seth Heikkila, Steve Petrie & Tom Wilson - JLL
Players
LENDER
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
$79,000,000.00
Monthly NOI$526,666.67
Monthly Debt Service$499,333.74
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions