Legacy Partners And New York Life Real Estate Investors Secure $91.9M Construction Loan For Bellevue Multifamily Property
FINANCED
$91,900,000
Washington
See Similar DealsMultiFamily
Financed 08/02/2022
FINANCED
Legacy Partners And New York Life Real Estate Investors Secure $91.9M Construction Loan For Bellevue Multifamily Property
1525 132nd Avenue Northeast, Bellevue, Washington 98005, United States
See Similar DealsMultiFamily
Financed 08/02/2022
Summary
WASHINGTON
Asset Type:MultiFamily
Transaction Type:Loan
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $91,900,000
- Units: 288
- Address: 1525 132nd Ave NE, Bellevue, WA
- Market: Bellevue, WA
Players
LENDER
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$91,900,000.00
Monthly NOI$612,666.67
Monthly Debt Service$580,870.51
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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