Sound West Group Secures $13 Million Refinance Loan From LaSalle Investment Management In Seattle
FINANCED
$13,000,000
+ 2
Washington
See Similar DealsMultiFamily41,800 SF
Financed 04/30/2025
FINANCED
Sound West Group Secures $13 Million Refinance Loan From LaSalle Investment Management In Seattle
320 Queen Anne Avenue North
See Similar DealsMultiFamily41,800 SF
Financed 04/30/2025
+ 2
Summary
WASHINGTON
Asset Type:MultiFamily
Price Per Square Foot:$311
Total Square Footage:41,800 SF
Transaction Type:Loan
The property asset involved in this transaction is a multifamily building located at 320 Queen Anne Avenue North in Seattle, WA. The total square footage of the asset is 41,800. A loan amount of $13,000,000 was secured for refinancing this property.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $13,000,000
- Address: 320 Queen Anne Avenue North
- Market: Seattle, WA
- Lender: LaSalle Investment Management
- Landlord: Sound West Group
- Brokers: Yarin Amzalag, Eliav Dan, Dante Distefano & Jesse Yodice - Greystone
- Loan Type: Refinance
Key individuals involved in the deal include Yarin Amzalag, Eliav Dan, Dante Distefano, and Jesse Yodice, who represent the interests of Sound West Group in the transaction. The transaction took place on April 30, 2025.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$13,000,000.00
Monthly NOI$86,666.67
Monthly Debt Service$82,168.84
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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