Updated Oct 28, 2024
Greystone Provides $61.3M Loan For Multifamily Property At 4100 Alderwood Mall Blvd, Lynnwood, WA
4100 Alderwood Mall Boulevard, Lynnwood, Washington 98036, United States
$61,300,000
Units
239
Asset Type
MultiFamily
Closing
Sep 28, 2022
About this deal
AI
The multifamily property located at 4100 Alderwood Mall Blvd in Lynnwood, WA has successfully closed a loan transaction. The property consists of 239 units and is situated in the market of Lynnwood.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $61,300,000
- Lender: greystone''>Greystone
- Brokers: Cushman & Wakefield
Greystone provided a loan amount of $61,300,000 for the acquisition or refinancing of the multifamily property at 4100 Alderwood Mall Blvd in Lynnwood, WA. The transaction was facilitated by Cushman & Wakefield, who acted as brokers in the deal.
On the Map
$61,300,000
MultiFamily
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Players
Lynnwood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93